Binance has begun restricting user transactions with a growing list of crypto platforms, including major exchange HTX (Huobi) and EXMO, as part of a phased compliance rollout tied to sanctions-related regulatory requirements, the exchange announced Friday.
In a notice to users dated August 14, Binance said it will no longer process transactions, direct or indirect, involving 16 named crypto-asset service providers, effective across three separate dates this month. Users attempting transactions with these platforms on or after the listed dates risk having their wallets flagged for compliance review, with restrictions applied while the review is underway.
The restricted platforms, by effective date:
Effective August 7, 2026:
- Shelbit (Shelbit General Trading LLC)
- Aban Tether Exchange
Effective August 13, 2026:
- A7 Nigeria
- A7 Africa
- PilotFinance Ltd
Effective August 23, 2026:
- Rapira
- Aifory Pro (Sooty Ltd.)
- ABCeX (Nueva Cryptologia S.A.S DE C.V.)
- WhiteBird
- NoOnecrypto INC.
- Tradex (Brightum LLC)
- Monease Ltd
- BitPapa
- Exnode, Exnode Pay (Arvix)
- HTX (Huobi Global SA)
- EXMO Ltd
The inclusion of HTX, one of the world’s larger crypto exchanges by trading volume, and EXMO marks a notable escalation compared with earlier rounds of platform restrictions, which mostly targeted smaller regional players.
Why it’s happening
Binance said the move is driven by “recent regulatory developments” and its obligation to comply with rules in the jurisdictions where it operates. The exchange did not specify which regulator or sanctions regime triggered the restrictions, but several of the named entities, including Shelbit and platforms tied to Africa-focused payment networks, have previously been flagged in reporting on sanctions-evasion networks linked to Iran and Russia.
Binance said the restrictions are intended to help “maintain a safe and secure environment for users and their assets,” and warned that continued attempts to transact with the listed platforms after the effective dates may also constitute a breach of its Terms of Use.
What users should know
- Transactions attempted with any listed platform on or after its effective date may trigger a compliance hold on the associated wallet
- Restrictions can remain in place while Binance completes its review
- Users with questions can contact Binance Support, available 24/7
Binance has faced sustained scrutiny over its sanctions-compliance practices in recent months, following reporting that questioned the exchange’s handling of transactions linked to sanctioned entities. The company has pushed back on that coverage, saying its sanctions-related exposure fell 96.8% between January 2024 and July 2025, and that it has expanded its compliance team to more than 1,500 people, roughly a quarter of its global headcount.
The rolling platform bans announced this week appear to be part of the same broader compliance push, extending restrictions to a wider set of exchanges and payment processors as regulatory pressure on the sector continues to build globally.
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