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4 clusters · 22 sources · 11 days · First seen · Last updated

Crypto exchanges implement sanctions compliance restrictions

Overview

Major cryptocurrency exchanges Binance and Bitget are implementing phased restrictions on transactions involving 16 to 17 digital asset service providers. These measures respond to international sanctions mandates from the United States, the European Union, and the United Kingdom, specifically targeting entities linked to Russia and Iran, as well as anti-money laundering enforcement.

The restrictions are being deployed in three stages. The first stage, which began on August 7, 2026, targeted Shelbit General Trading LLC and Aban Tether Exchange. The second stage, effective August 13, included A7 Nigeria, A7 Africa, and PilotFinance Ltd. A final wave, effective August 23, 2026, expanded the list to include platforms such as HTX, EXMO Ltd, Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, and Exnode Pay.

Binance has announced it will stop processing direct or indirect transactions involving HTX and ten other platforms starting August 23. Justin Sun, founder of Tron and advisor to HTX, stated that these restrictions apply specifically to users in the United Kingdom and the European Union, claiming HTX does not conduct business in those regions and that negotiations with regulators are underway. This move aligns with European Union Council Regulation 2026/1848, which identifies these platforms as entities providing services outside the EU that “significantly frustrate sanctions involving Russia.”

Bitget has cautioned that transactions routed indirectly through these platforms or via intermediary wallets may face additional scrutiny. Both exchanges warned that transactions involving these entities after the deadlines could trigger compliance reviews, potential rejection, or the freezing of associated wallets.

Entities

HTX · Binance · Bitget · Justin Sun · European Union

Timeline

  1. 20 days ago

    [BUSINESS] 2 sources
    Binance halts transactions with 17 crypto platforms in multiple regions

    Binance is halting transactions with 17 crypto platforms in Nigeria, Iran, the UAE, Georgia, and Europe, citing regulatory compliance requirements and implementing the restrictions in phases.

  2. 28 days ago

    [BUSINESS] 2 sources
    Binance to restrict transactions involving HTX and 10 other crypto platforms

    Binance will restrict transactions involving HTX and ten other crypto platforms starting August 23, 2026, following EU sanctions. Justin Sun claims the impact is limited to UK and EU users.

  3. 28 days ago

    [BUSINESS] 3 sources
    Bitget restricts transfers to 16 crypto platforms amid sanctions

    Bitget is tightening transaction controls on 16 cryptocurrency platforms, including HTX and EXMO, following US and EU sanctions aimed at preventing the evasion of financial restrictions.

  4. about 1 month ago

    [BUSINESS] 17 sources
    Binance and Bitget restrict 16 crypto platforms amid sanctions compliance

    Binance and Bitget are implementing phased transaction restrictions on 16 crypto platforms, including HTX, to comply with EU, US, and UK sanctions related to Russia and Iran.

Sources

afghanistans.com · bitcoinethereumnews.com · bitcoinsistemi.com · blockonomi.com · coindoo.com · coinedition.com · coingape.com · coinworldstory.com · crypto.news · cryptobriefing.com · cryptonomist.ch · cryptopolitan.com · en.bitcoinsistemi.com · fxdailyreport.com · kfgo.com · livebitcoinnews.com · livecoins.com.br · news.bitcoin.com · nosmokesport.com · paparazzi.com.ar · tribuneonlineng.com · wdez.com

This summary has been updated 2 times: see revision history