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Binance blocks transactions with HTX and 15 other crypto players

Binance cuts ties with 16 crypto players. Starting August 14, 2026, the giant will no longer process its transactions in order to comply with international sanctions related to the war in Ukraine and anti-money-laundering requirements. Among the platforms affected is HTX (formerly Huobi), a heavyweight global player in the sector. Under regulatory pressure from Europe and the United States, Binance now prioritizes compliance over the interconnectedness between exchanges. This decision shows how sanctions and regulations are beginning to redraw relationships among major crypto platforms.

Binance interrupts transfers with a group of crypto exchanges, including the giant HTX, according to a schedule running from August 7 to August 23, 2026.

Any transfer to or from these entities after the deadline will trigger a compliance review that may involve freezing the wallets.

These restrictions stem from EU and U.S. sanctions aimed at preventing evasion of Russian sanctions and money laundering.

Justin Sun downplays the impact, pointing only to European and British residents, and confirms ongoing negotiations with regulators.

Binance: a strict implementation schedule and a gradual addition to the blacklist

Two distinct implementation stages have been decided by Binance in its operational calendar. This choice represents a gradual break, but also an irreversible one, with the various affected entities. The first stage began immediately in the first half of this August. Starting August 7, the exchange platform moved to cut off access to the various financial flows that originate from and go to Shelbit and Aban Tether Exchange.

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