Binance said it will gradually stop processing transactions involving a list of crypto asset service providers and platforms after what it described as recent changes in regulatory requirements. According to an official notice cited by BlockBeats on August 14, the move is intended to keep the exchange compliant with applicable rules and to protect user assets. The first restrictions already took effect for Shelbit and Aban Tether Exchange on August 7, followed by A7 Nigeria, A7 Africa and PilotFinance Ltd on August 13. A broader group, including HTX (Huobi Global SA), EXMO Ltd, Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode and Exnode Pay, will be affected starting August 23. Binance warned users not to send assets to those entities through Binance, receive assets from them through Binance, or carry out other transactions with them on the platform after the relevant effective dates. It also said attempts to proceed with such transactions may trigger additional compliance checks, during which related wallets could face restrictions, and the activity could involve a breach of its Terms of Use.
Binance will gradually stop processing transactions involving certain crypto asset service providers or platforms, according to an official announcement cited by BlockBeats on August 14.
The exchange said the change follows recent shifts in regulatory requirements and is meant to keep Binance in compliance with applicable rules while protecting user assets.
Entities already affected and those next in line
Binance said the restrictions for Shelbit and Aban Tether Exchange took effect on August 7. The measures for A7 Nigeria, A7 Africa and PilotFinance Ltd took effect on August 13.
Starting August 23, the affected entities will also include Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA) and EXMO Ltd.
What Binance told users
After the relevant effective dates, users should avoid sending assets directly or indirectly to the listed entities through Binance, receiving assets from those entities through Binance, or conducting other transactions with them through the exchange, Binance said.
The company added that if users still attempt such transactions, they may be subject to additional compliance reviews. During that review period, related wallets may face restrictions, and the activity may also involve a violation of the Terms of Use.
Reason given in the announcement
Binance said the measures are intended to fulfill regulatory and compliance obligations in the jurisdictions where it operates and to maintain the safety of the trading environment and user assets.
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