Binance to Restrict Transactions With 11 Crypto Platforms From Aug. 23

Binance will no longer process transactions involving 11 crypto-asset service providers starting Aug. 23, 2026, marking the largest phase of a compliance action the exchange began earlier this month. In its Aug. 14 notice, the exchange told users not to send to, receive from, or otherwise transact through Binance with the named entities after the cutoff date.

“Binance is required to adhere to the regulatory requirements in the jurisdictions in which it operates,” the notice said, describing the restrictions as measures intended to keep the platform and users’ assets secure.

The full list and timeline

The Aug. 23 batch includes $HTX (Huobi Global SA), the operator of the exchange formerly known as Huobi, alongside EXMO Ltd, Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa and Exnode. They join five platforms restricted in earlier phases, bringing the total to 16: Shelbit and Aban Tether Exchange were cut off on Aug. 7, and A7 Nigeria, A7 Africa and PilotFinance on Aug. 13.

Binance said any transaction attempted with a listed platform after its effective date may be held for compliance review, with temporary restrictions applied to the affected wallet while the review is ongoing.

Not a delisting

The move does not remove any cryptocurrency from Binance. Bitcoin, USDT and other assets remain tradable; what changes is the screening of counterparties on the other side of a transaction. A transfer to or from a listed platform will not process as normal after its cutoff.

Binance has not published a timeline for how long a compliance review may take, so users should expect delays rather than an immediate block in every case.

What’s driving the action

The notice cites “recent regulatory developments” without naming a specific law. The listed platforms align with overlapping EU, UK and US sanctions actions targeting entities accused of helping route funds around Russia- and Iran-related sanctions, including the EU’s 21st sanctions package and UK designations of what regulators have called the A7 network.

Sanctions rules in those jurisdictions generally bar companies from facilitating dealings with designated entities, which shifts the compliance burden onto intermediaries like Binance and typically pushes exchanges to cut off listed counterparties once new designations take effect.

Binance itself has operated under heightened US compliance obligations since its November 2023 guilty pleas and roughly $4.3 billion settlement with the Justice Department, Treasury’s FinCEN and OFAC, which cited insufficient sanctions controls that allowed users in restricted jurisdictions to transact on the platform.

$HTX and EXMO were already under EU and UK sanctions before the notice, so their inclusion in the Aug. 23 batch was widely anticipated even though Binance had not previously said when it would act. The staggered rollout suggests further batches of restricted platforms are possible if regulators add new names, making counterparty screening a recurring part of operating across regulated markets.