HTX Adds Russia to Restricted Jurisdictions List, Following Bitget and MEXC

HTX adds Russia to its restricted jurisdictions list, with potential service limitations, withdrawal suspensions, and account closures for affected users

Cryptocurrency exchange HTX has added Russia to its list of restricted jurisdictions under its user agreement, according to Wu Blockchain, Russian business media outlet RBC, joining Bitget and MEXC in moves to discontinue services for Russian users.

The restrictions cover individuals residing in or located in Russia, as well as companies registered in the country or primarily operating there. Under the terms of its user agreement, HTX may restrict access to its services, suspend withdrawals, or close accounts affected by the policy.

HTX Restrictions Cover Russian Users and Businesses

HTX's updated list identifies Russia as a restricted jurisdiction, potentially affecting both individual customers and businesses with ties to the country. The agreement gives the exchange several options for handling affected accounts, including limiting access to its platform, suspending withdrawals, and closing accounts.

These provisions outline the measures HTX may take under its user agreement. However, RBC did not specify when the restrictions took effect, leaving the implementation date unclear based on the available report.

Bitget and MEXC Also Move to Restrict Russian Users

HTX's move follows announcements earlier in October from Bitget and MEXC, which also said they planned to discontinue services for Russian users. The developments indicate that all three exchanges have announced or introduced measures affecting access to their services for customers connected to Russia, although the reported details differ.

For HTX, the stated policy extends beyond people physically located in Russia to include residents and companies registered or primarily operating there. The agreement also describes potential account-level consequences, including withdrawal suspensions and account closures.

The report from RBC does not establish whether the three exchanges adopted identical restrictions or whether their implementation schedules are aligned. It also does not provide a specific effective date for HTX's policy.

HTX's inclusion of Russia on its restricted jurisdictions list therefore establishes the scope of the restrictions described in its user agreement, while the precise date on which the measures began remains unspecified in RBC's reporting.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.