The UK's Financial Conduct Authority (FCA) is reportedly in settlement talks with cryptocurrency exchange HTX regarding a case where the FCA accuses HTX of illegally promoting crypto assets to UK consumers. The London High Court has paused proceedings until late August to allow both parties to reach an agreement. The FCA filed the lawsuit against HTX on October 21 last year, marking the agency's first enforcement action targeting a cryptocurrency exchange's marketing practices. The FCA is seeking an injunction and a declaration that HTX violated Section 21 of the Financial Services and Markets Act.