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Binance to block transactions with 16 crypto platforms by August 23 in phased sanctions response

Market News
14 Aug 2026
AMBCrypto
View Source
Bearish
Binance to block transactions with 16 crypto platforms by August 23 in phased sanctions response

Binance announced it will restrict transactions with 16 crypto and payment platforms linked to Iranian or Russian sanctions in three phases. Five providers are already affected, while the remaining 11, including HTX and EXMO, will face restrictions starting August 23. These measures respond to new regulatory requirements and US Treasury sanctions targeting platforms involved in evading sanctions. Binance users can still transact with the unaffected platforms until the restrictions begin, but transactions after that date may trigger compliance checks or account suspensions.

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