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Binance Imposes Restrictions on Transactions with Several Crypto Platforms

Guavy AI Editorial Team
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Crypto exchange Binance has imposed restrictions on transactions involving several platforms due to regulatory compliance requirements.

The restrictions will be implemented in phases, with affected entities listed alongside the dates from which transactions with them will no longer be processed.

Binance cited Shelbit General Trading LLC and Aban Tether Exchange as the first entities affected, starting August 7.

On August 13, A7 Nigeria, A7 Africa, and PilotFinance Ltd. were added to the list of restricted entities, all operating in Nigeria or having connections to it.

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