The UK’s 26 May sanctions package targeting Russian sanctions-evasion networks has triggered broader market compliance reactions, with Bybit warning users that transfers to or from addresses linked to HTX may face enhanced anti-money laundering, compliance, and risk-control checks. Bybit said users involved in such transactions could be asked to provide proof of fund origin and transaction history, and some functions, including withdrawals, may be blocked until verification is completed. The warning followed UK action against the Panama-incorporated entity operating Huobi Global, which British authorities said facilitated activity for A7 and the now-defunct Russian exchange Garantex; the UK also claimed HTX transferred more than $1.5 billion to Russia in circumvention of sanctions. HTX representatives said Huobi Global is not involved in the exchange’s operations and that the sanctions affect a legal entity rather than the platform itself, while also stating that an application to list the ruble-pegged A7A5 stablecoin had previously been rejected after review.