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

Comparative news, according to an official announcement, Binance stated that in accordance with recent changes in regulatory requirements, in order to continue to comply with relevant regulations and ensure the safety of users' assets, it will stop processing related transactions involving some crypto asset service providers or platforms in stages.

Among them, Shelbit and Aban Tether Exchange have been in effect since August 7; A7 Nigeria, A7 Africa, and PilotFinance Ltd have been in effect since August 13. Starting August 23, 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 that after the corresponding effective date, users should avoid transferring assets directly or indirectly through Binance, receiving assets from such entities, or making other transactions with them through Binance. If users still attempt to conduct related transactions, they may be subject to additional compliance reviews. The relevant wallets may be restricted during the review period, and related activities may also involve violating Binance's Terms of Use.

Binance stated that these measures are aimed at fulfilling the regulatory and compliance obligations in the jurisdiction where it operates, and maintaining the user's trading environment and asset safety.

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