Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing
Crypto exchange HTX has denied allegations from U.K. authorities that it assisted Russia by cooperating with the ruble stablecoin A7A5. HTX stated that it rejected A7A5's listing application after conducting a thorough compliance review. The issuer of A7A5 claims to comply with relevant regulations and is open to future collaborations with centralized exchanges.
- ▪U.K. authorities sanctioned HTX, citing reasonable grounds to suspect its involvement with the A7A5 stablecoin.
- ▪HTX rejected A7A5's listing application due to concerns over secondary sanctions.
- ▪A7A5's issuer insists that it complies with Kyrgyz, Russian, and FATF regulations.
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCrypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listingU.K. authorities sanctioned HTX, saying there were "reasonable grounds to suspect" the crypto exchange was helping Russia by cooperating with ruble stablecoin A7A5. By Sam Reynolds|Edited by Sheldon Reback May 27, 2026, 9:58 a.m. 2 min readMake preferred on Russian flag (CoinDesk archives)What to know: Britain sanctioned the issuer of the ruble-linked A7A5 stablecoin and says it had reasonable grounds to suspect the HTX crypto exchange assisted the project.Both HTX and A7A5 executive Oleg Ogienko said the exchange rejected A7A5’s listing application, as did other centralized exchanges concerned about secondary…
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