Binance has begun to restrict transactions between users and a group of encrypted platforms, covering both direct and indirect transactions. According to the user notice issued on August 14, this measure will take effect on three dates, involving 16 encrypted asset service providers, including HTX and EXMO.

Effective in three instalments

According to Binance, this is related to recent regulatory developments and its sanctions compliance obligations in different jurisdictions. The Platform does not specify a specific regulatory body or sanctions framework that triggers restrictions, but states that the measures are a phased-up compliance arrangement.

The first restrictions entered into force on 7 August, involving Shelbit and Aban Tether Exchange. The second instalment entered into force on 13 August and comprises A7 Nigeria, A7 Africa and PilotFinance Ltd.

The third instalment, which will enter into force on 23 August, has a broader list of Rapira, Aifory Pro, ABCX, WhiteBird, Noonecrypto, Tradex, Monase, BitPapa, Exnode, Exnode Pay, HTX and EXMO.

User wallet or reviewed

This time, HTX and EXMO were added to the list to show that the limits of the Binance platform are being expanded.

Binance cautions that if a user continues to attempt to trade with a platform on the list after the relevant effective date, the associated wallet may be marked and entered into compliance review. Pending completion of the review, the account or wallet may face temporary restrictions.

  • The restricted range includes direct and indirect transactions
  • The wallet may be temporarily restricted during the review
  • Users can consult further through the Binance guest service

Increased pressure for sanctions compliance

The Platform also indicated that continued attempts to initiate related transactions could also be regarded as violating its user terms, in addition to possibly triggering a review.

It was mentioned that some of the entities named had previously appeared in public reports of Iran-Russia-related sanctions circumvention networks, particularly with regard to some trading platforms and payment networks for Africa.

In recent months, Binance ' s sanctions compliance practices have continued to receive outside attention. The company had previously responded that its sanctions-related risk exposure had declined by 96.8 per cent between January 2024 and July 2025, while the compliance team had been expanded to more than 1,500 people, representing about one quarter of the total global workforce.

Additional information:The round of restrictions issued this week shows that Binance is further extending compliance reviews from single accounts or individual transactions to a broader platform level.