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Binance will no longer process transactions related to platforms such as HTX and EXMO.

53 minutes ago

In an official announcement, Binance stated that in light of recent changes to regulatory requirements, it will phase out processing of transactions involving certain crypto asset service providers or platforms to maintain ongoing compliance with relevant rules and safeguard user assets. The restrictions took effect for Shelbit and Aban Tether Exchange on August 7; A7 Nigeria, A7 Africa, and PilotFinance Ltd were added to the list with effect from August 13. Effective August 23, additional entities subject to the measures include Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), and EXMO Ltd. Binance warned that after the respective effective dates, users should avoid transferring assets to, receiving assets from, or conducting any other transactions with the above-mentioned entities directly or indirectly via Binance. Any user attempting such transactions may face additional compliance reviews, during which associated wallets could be restricted, and the activity may violate Binance’s Terms of Use. Binance noted that these measures are designed to fulfill its regulatory and compliance obligations in the jurisdictions where it operates, as well as maintain a secure trading environment for users and protect their assets.

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