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

BlockBeats News, 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 transactions related to certain cryptocurrency service providers or platforms.

Among them, 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 aforementioned entities to Binance, receiving assets from the aforementioned entities, or engaging in other transactions with them through Binance. If users still attempt to conduct related transactions, they may need to undergo additional compliance checks, during which the relevant wallets may be restricted, and the activities may also involve violations of the 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 maintaining a secure trading environment for users.