Binance to stop HTX transactions from Aug. 23 over sanctions

Binance has said it will stop processing transactions involving HTX and 10 other listed crypto platforms from Aug. 23 as new sanctions and regulatory restrictions take effect. Summary Binance will stop processing transactions involving HTX and 10 other crypto platforms from Aug. 23. Transactions involving the listed services may be held for compliance review, with restrictions also possible for affected wallets. HTX was added to the EU’s latest Russia sanctions package after facing a separate UK designation tied to Huobi Global. The U.S. Treasury separately sanctioned crypto exchanges Shelbit and Aban Tether on Aug. 7. Binance said in a Friday announcement that the restrictions will apply to Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, HTX, formerly Huobi, and EXMO. The exchange cited recent regulatory developments for the decision. Transactions involving any of the affected providers could be held for compliance checks once their respective restrictions take effect. Binance said wallets may also face restrictions while reviews remain in progress. Users were advised against sending assets directly or indirectly to the listed provider...