Binance Blocks 16 Crypto Platforms Amid Russia Sanctions

Binance has announced that it will block transactions involving HTX and 15 other crypto platforms due to tightened controls on firms accused of helping to circumvent restrictions on Russia.

The measures, which take effect from August 23, are part of Binance's efforts to comply with sanctions and regulatory requirements.

Binance had already blocked five other platforms earlier this month, bringing the total number of affected platforms to 16.