Binance Rolls Out Sanctions-Driven Transaction Halt Across 16 Crypto Entities
Binance is phasing out transaction processing for 16 crypto entities, including HTX, from August 7 to August 23, 2026, in line with sanctions from the EU, US Treasury, and UK related to the Russia-Ukraine war and anti-money laundering rules. HTX CEO Justin Sun said the restrictions apply only to Binance's UK and EU users and that settlement talks with regulators are ongoing.
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Original headline: “Binance Sanctions Crypto Firms in Major Transaction Ban.” Browse more stories.