Binance has begun restricting user transactions with a growing list of crypto platforms, including major exchange HTX (Huobi) and EXMO, as part of a phased compliance rollout tied to sanctions-related regulatory requirements, the exchange announced Friday.
In a notice to users dated August 14, Binance said it will no longer process transactions, direct or indirect, involving 16 named crypto-asset service providers, effective across three separate dates this month. Users attempting transactions with these platforms on or after the listed dates risk having their wallets flagged for compliance review, with restrictions applied while the review is underway.
The restricted platforms, by effective date:
Effective August 7, 2026:
Effective August 13, 2026:
Effective August 23, 2026:
The inclusion of HTX, one of the world’s larger crypto exchanges by trading volume, and EXMO marks a notable escalation compared with earlier rounds of platform restrictions, which mostly targeted smaller regional players.
Why it’s happening
Binance said the move is driven by “recent regulatory developments” and its obligation to comply with rules in the jurisdictions where it operates. The exchange did not specify which regulator or sanctions regime triggered the restrictions, but several of the named entities, including Shelbit and platforms tied to Africa-focused payment networks, have previously been flagged in reporting on sanctions-evasion networks linked to Iran and Russia.
Binance said the restrictions are intended to help “maintain a safe and secure environment for users and their assets,” and warned that continued attempts to transact with the listed platforms after the effective dates may also constitute a breach of its Terms of Use.
What users should know
Binance has faced sustained scrutiny over its sanctions-compliance practices in recent months, following reporting that questioned the exchange’s handling of transactions linked to sanctioned entities. The company has pushed back on that coverage, saying its sanctions-related exposure fell 96.8% between January 2024 and July 2025, and that it has expanded its compliance team to more than 1,500 people, roughly a quarter of its global headcount.
The rolling platform bans announced this week appear to be part of the same broader compliance push, extending restrictions to a wider set of exchanges and payment processors as regulatory pressure on the sector continues to build globally.
Japan's 10-year government bond yield surged to 3.055%, its highest level in three decades. Higher…
Speaking on his show, analyst Ran Neuer argued the coming rally will be driven primarily…
The US Treasury, State Department, and possibly the US International Development Finance Corporation are weighing…
The CFTC says it will move forward with clear crypto market rules on its own,…
Roughly $15 billion in Bitcoin options expire Friday at 4:00 AM ET on Deribit, with…
XRP was trading at $1.50 on Thursday, down 4.5% over 24 hours and up 15.6%…
