Binance to block transactions with HTX, EXMO and other crypto platforms over compliance rules

Binance will block transactions with HTX, EXMO and nine other crypto platforms over compliance rules starting Aug. 23, the company said Friday.

The exchange already cut off transactions involving Shelbit, Aban Tether Exchange, A7 Nigeria, A7 Africa and PilotFinance earlier this month. The Aug. 23 restrictions will also cover Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa and Exnode/Exnode Pay.

Users are advised not to send funds to or receive funds from the affected platforms through Binance once the relevant restrictions take effect. Any attempted transactions after those dates may be held for compliance review.

Binance said restrictions could be imposed on impacted wallets while reviews are underway, and transactions involving the listed entities could potentially violate the exchange’s Terms of Use.

The exchange said it is required to comply with regulatory requirements across the jurisdictions in which it operates and that the measures are intended to support both regulatory compliance and the security of user assets.

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