The exchange cites regulatory developments as it restricts transactions with 11 platforms, including EXMO and HTX, from next week.
Binance will stop processing transactions involving 11 crypto platforms, including EXMO and HTX, effective August 23. The move follows recent regulatory developments and expands prior restrictions on Shelbit, Aban Tether Exchange, and others.
Restrictions on Shelbit and Aban Tether Exchange began August 7, while A7 Nigeria, A7 Africa, and PilotFinance Ltd were blocked on August 13. Transactions attempted after the effective dates may face compliance reviews, with wallets potentially restricted.
The decision reflects heightened scrutiny on crypto exchanges amid evolving global regulatory frameworks.