Binance to block transactions with HTX, 10 other exchanges under EU Russia sanctions
60-second summary
Binance is blocking transactions from 11 additional exchanges, including HTX, under EU Russia sanctions, bringing the total to 16 exchanges. This move is in response to regulatory compliance needs. The affected exchanges will no longer be able to process transactions through Binance, potentially limiting their access to the global cryptocurrency market and affecting their users.
Binance said it will no longer process transactions from 16 exchanges, including five already blocked, citing regulatory compliance needs.