Binance says it will stop processing certain crypto transactions involving HTX and 10 other exchanges, citing regulatory compliance with EU sanctions. In its announcement, the company says it will no longer process transactions from 16 exchanges in total, including some that were already blocked.
The decision is linked to HTX’s recent listing in an EU sanctions package targeting Russia, according to reporting referenced by multiple outlets. Binance states the change is intended to ensure its services comply with applicable sanctions rules.
Outlets differ slightly in how they describe the scope: one report emphasizes 11 platforms that Binance will restrict transactions involving, while another highlights the company’s broader statement about ending processing for 16 exchanges, including five already blocked.
