UK sanctions Huobi Global S.A. over Russia-linked activity, drawing industry pushback.

• On May 26, 2026, the UK sanctioned Huobi Global S.A., an entity affiliated with HTX, citing Russia-linked activity

• Blockchain experts like ZachXBT and Alex Thorn argue the sanctions are overly broad and complicate risk assessment

• Concerns exist that the sanctions could negatively impact legitimate users and DeFi protocols' ability to track stolen funds

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