Binance to restrict transactions involving HTX, 10 other crypto platforms
60-second summary
Binance is restricting transactions involving HTX and 10 other crypto platforms due to EU sanctions targeting Russia. HTX was recently listed in the package. Binance will stop processing transactions for these platforms, impacting users who rely on the exchange for trading and liquidity. The move reflects growing regulatory scrutiny of crypto ties to sanctioned entities.
Binance said it will stop processing transactions for involving 11 crypto platforms, including HTX, which was recently listed in the EU’s sanctions package targeting Russia.