Binance Restricts Transfers With HTX and 10 Other Platforms
Binance will restrict transactions involving 11 crypto platforms, including HTX and EXMO, from August 23 as new European Union sanctions measures take effect.
In an August 14 notice, Binance said transactions involving the designated entities may be held for compliance review once the restrictions begin. Wallets linked to those transfers may also face temporary restrictions while the review is carried out.
The affected platforms are:
- Rapira
- Aifory Pro
- ABCeX
- WhiteBird
- NoOnecrypto
- Tradex
- Monease
- BitPapa
- Exnode / Exnode Pay
- HTX (Huobi Global S.A.)
- EXMO Ltd
Before the August 23 batch, Binance had already applied the same restrictions to five other entities. Shelbit (Shelbit General Trading LLC) and Aban Tether Exchange were covered from August 7, followed by A7 Nigeria, A7 Africa and PilotFinance Ltd from August 13. The August 23 group therefore expands an existing compliance action rather than starting a new one, bringing the total number of affected crypto-related entities in Binance’s notice to 16.
Why Binance Is Restricting the Transfers
The move follows the EU’s 21st sanctions package against Russia, adopted in July. The Council of the EU expanded transaction bans to cover certain crypto platforms outside the bloc that authorities say have helped facilitate sanctions circumvention.
The restriction focuses on the counterparty behind a transaction rather than the cryptocurrency being transferred. Binance is not delisting Bitcoin, USDT or other assets simply because they are available on the named exchanges.
Sanctions controls now extend beyond individual wallet addresses, requiring exchanges to identify links between deposits, withdrawals and designated services even when funds pass through intermediary addresses before reaching a platform.
HTX Was Already Facing EU Restrictions
HTX is the largest name among the 11 platforms and had already been caught in the EU’s wider sanctions push.
In July, the EU named HTX among crypto services facing transaction restrictions as part of measures aimed at limiting channels that could be used to bypass sanctions on Russia.
For Binance, HTX’s designation means transfers linked to the exchange can now trigger the same sanctions screening applied to other covered entities.
What Changes for Binance Users
Transfers tied to the 11 named platforms may no longer move through Binance like ordinary deposits or withdrawals. They can be held for review, while related wallets may be restricted as Binance determines whether the transaction falls within the sanctions rules.
And for users using those platforms, the practical risk is straightforward: a transfer that previously cleared normally may now be delayed for review or restricted altogether.
- Disclaimer: Sanctions rules and exchange compliance procedures can change quickly and may differ by jurisdiction. Users should check the latest Binance guidance and applicable local restrictions before sending funds to or from any affected platform.
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
