Written by Zoltan Vardaistaff writerReviewed by Yohan Yunstaff editor

Written by Zoltan Vardaistaff writer

Reviewed by Yohan Yunstaff editor

Binance to restrict transactions involving HTX, 10 other crypto platforms

Latest NewsPublishedAug 14, 2026

Binance stated it will stop processing transactions for involving 11 crypto platforms, including HTX, which was recently listed in the EU’s sanctions package targeting Russia.

Binance will stop processing transactions involving crypto exchange HTX and 10 other listed crypto platforms and service providers from Aug. 23.

The cryptocurrency exchange cited recent regulatory developments for the decision in a Friday announcement. Binance will stop processing transactions involving HTX, 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 stated restrictions may also be applied to impacted wallets while the review is ongoing.

HTX, formerly Huobi, was added to the European Union’s sanctions package targeting Russia in late July. The UK government also designated Huobi Global S.A. in May, citing “reasonable grounds to suspect” that it supported Russia’s government by providing financial services or making available funds and economic resources to A7 LLC and Garantex Europe OU.

HTX denied the UK sanctions allegations, arguing the designation applies only to Huobi Global S.A. as a separate legal entity and saying its online exchange and user funds remain unaffected. The UK’s Office of Financial Sanctions Implementation later stated it considers the HTX exchange itself subject to the sanctions because it is owned by Huobi Global.

The US Treasury sanctioned Shelbit and Aban Tether on Aug. 7.

Magazine: How the EU’s crypto tax rules are expected to work for users and platforms

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Binance
• Huobi
• Sanctions
• Cryptocurrency Exchange
• European Union
• Law
• AML
• Industry

More on the subject

Gemini posts $108M Q2 net loss despite 37% revenue growth

1 hour ago

Zoltan Vardai

Shinhan Asset Management partners with Plume on tokenized fund pilot

2 hours ago

Zoltan Vardai

RedotPay US IPO delayed amid regulatory, legal hurdles: Report

4 hours ago

Helen Partz

Gemini posts $108M Q2 net loss despite 37% revenue growth

1 hour ago

Zoltan Vardai

Shinhan Asset Management partners with Plume on tokenized fund pilot

2 hours ago

Zoltan Vardai

RedotPay US IPO delayed amid regulatory, legal hurdles: Report

4 hours ago

Helen Partz