Binance Halts Transactions with HTX, EXMO, and Ten Other Crypto Platforms

Binance has announced that it will stop processing transactions with HTX, EXMO, and ten other cryptocurrency platforms beginning August 23. This decision aligns with the European Union's latest sanctions package, which targets specific crypto firms, including those with ties to sanctioned entities.

Earlier this month, Binance had already restricted transactions involving Shelbit and Aban Tether Exchange, among others. The upcoming restrictions will extend to Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, and Exnode/Exnode Pay.

Users are advised against sending or receiving funds from these platforms through Binance, as any transactions attempted after the cutoff date may be subject to compliance reviews. Binance emphasized that these measures are necessary to adhere to regulatory requirements in various jurisdictions and to ensure the security of user assets.

The list of affected platforms mirrors the EU's Council Regulation 2026/1848, which was adopted on July 23 and prohibits transactions with fourteen crypto and payment platforms. The UK has also taken action against HTX, freezing its assets due to alleged connections to sanctioned networks.

As the regulatory landscape continues to tighten, users must remain vigilant about the platforms they engage with to avoid potential compliance issues.