Money Ann stopped processing transactions involving 16 encryption platforms

it will stop processing transactions involving 16 encrypted asset service providers and will enter into force in three instalments on 7 august, 13 august and 23 august. users may not receive and send assets directly or indirectly after the corresponding date with the entity concerned. relevant platforms include shelbit, abantether exchange, a7 nigeria, a7 africa, htx, exmo, rapira, bitpapa and exnode. transactions initiated after the effective date may be suspended and subject to compliance review, and affected wallets may be temporarily restricted. the united states has imposed sanctions on shelbit and aban tether, which involve iran ' s encryption network, as well as on russian-related trading platforms and a7 network. a7 stated that it had transferred more than $90 billion during the previous year。