Binance Blocks 16 Crypto Platforms Amid Russia Sanctions

Binance has announced that it will block transactions involving 16 crypto platforms, including HTX and EXMO. The move is in response to recent EU and US sanctions targeting Russian and Iranian networks.

The list of blocked platforms matches the crypto services named in the EU's 21st Russia sanctions package, plus two entities designated by the US Treasury on August 7. The bans will be implemented over three dates: August 7, August 13, and August 23.

Users should not directly or indirectly send to, receive from, or otherwise transact through Binance with these entities after the listed dates. Attempted transactions may be held and subject to compliance review, restrictions may be applied to affected wallets while a review is under way.