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Binance Blocks Transactions With 16 Crypto Platforms Amid EU Sanctions

Guavy AI Editorial Team
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Binance has announced that it will block transactions involving 16 cryptocurrency platforms in response to EU sanctions on Russia and Iran-linked networks. The move aims to comply with new regulations aimed at tightening controls on sanctioned crypto networks.

The affected platforms include HTX, EXMO, Rapira, Aifory Pro, and ABCeX, among others. Some restrictions are already in place, while others will begin on August 23.

Transactions involving these platforms may face compliance reviews or temporary holds as authorities crack down on sanctioned crypto networks.

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