Binance Restricts Transactions with HTX and 10 Other Crypto Platforms

Binance has announced that it will stop processing transactions involving HTX and 10 other crypto platforms from August 23. The exchange cited recent regulatory developments as the reason for this decision.

The affected platforms include HTX (formerly Huobi), Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, and EXMO. Transactions attempted on or after the effective date may be held and subject to compliance review.

Binance also mentioned that restrictions may be applied to impacted wallets while the review is ongoing. This decision comes after HTX was added to the European Union's sanctions package targeting Russia in late July.