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Binance will no longer process transactions involving platforms such as HTX and EXMO

Aug 14, 19:13

August 14th, according to an official announcement, Binance stated that, due to recent regulatory changes, in order to continue to comply with relevant regulations and safeguard user asset security, it will gradually suspend the processing of related transactions involving certain cryptocurrency service providers or platforms.

Specifically, Shelbit and Aban Tether Exchange have been effective since August 7th; A7 Nigeria, A7 Africa, and PilotFinance Ltd have been effective since August 13th. Starting from August 23rd, the affected entities will also include Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), and EXMO Ltd.

Binance reminds users that after the respective effective dates, they should avoid depositing assets directly or indirectly from the mentioned entities to Binance, receiving assets from these entities, or conducting any other transactions with them through Binance. If users still attempt to conduct related transactions, they may be subject to additional compliance checks, and during the review period, the related wallets may be restricted. Such activities may also involve violations of Binance's "Terms of Use."

Binance stated that the above measures are aimed at fulfilling its regulatory and compliance obligations in the jurisdictions where it operates, and at maintaining the trading environment and asset security for users.