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Binance Restricts Transactions with 17 Cryptocurrency Platforms Amid Regulatory Developments

Guavy AI Editorial Team
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BNB
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Binance has halted transactions with 17 cryptocurrency platforms and service providers worldwide due to recent regulatory developments.

The affected entities include A7 Nigeria, A7 Africa, PilotFinance Ltd, Shelbit (Shelbit General Trading LLC), Aban Tether Exchange, Rapira, Aifory Pro (Sooty Ltd.), ABCeX (Nueva Cryptologia S.A.S DE C.V.), WhiteBird, Tradex (Brightum LLC), NoOnecrypto INC., Monease Ltd, BitPapa, Exnode and Exnode Pay (Arvix), HTX (Huobi Global SA), and EXMO Ltd.

The restrictions will take effect in phases, starting on August 13 for A7 Nigeria, A7 Africa, and PilotFinance Ltd, while Shelbit and Aban Tether Exchange's restrictions will be phased in as well.

Binance stated that the measures are necessary to meet regulatory requirements and maintain a safe environment for users.

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