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Binance Enforces Restrictions on 11 Crypto Platforms Amid Regulatory Pressure

Guavy AI Editorial Team
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Binance has begun to restrict transactions for several cryptocurrency platforms in an effort to cut risks and comply with regulatory requirements.

The restrictions, which started on August 23, affect 11 platforms: Rapira, Aifory Pro ABCeX WhiteBird, NoOnecrypto Tradex Monease BitPapa Exnode, HTX (Huobi Global SA), EXMO Ltd., and others that were previously denied access to Binance's services.

According to the source, failed transactions will be placed under compliance holds, and users' wallets may be restricted. This move is seen as a response to stricter anti-money laundering regulations for centralized exchanges.

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