Binance Blocks Transactions With HTX and 10 Other Exchanges Amid EU Sanctions

Binance has announced that it will block transactions involving HTX and ten other cryptocurrency platforms starting from August 23. This move is in compliance with the European Union's 21st sanctions package targeting Russia.

The affected exchanges include HTX, along with 10 other platforms, due to alleged sanctions evasion. Binance has stated that this decision is a mandatory compliance step and not a discretionary business choice.

Users are advised to avoid direct or indirect fund transfers involving these platforms, as transactions will be blocked by Binance starting from August 23. The full list of affected exchanges, enforcement timing, and exemptions remain unconfirmed pending further announcements from Binance and the EU.