Binance Blacklists HTX and 10 Other Crypto Platforms: Are Your Funds at Risk?

Binance will stop processing transfers to and from HTX and 10 other crypto platforms on August 23. Anything sent after that date can be held for a compliance review.

Binance did not draw up that list. It matches, name for name, the crypto firms in the European Union's latest sanctions package.

The List Came From Brussels, Not Binance

The EU adopted Council Regulation 2026/1848 on July 23. It bans transactions with 14 crypto and payment platforms. Eleven of them become illegal to deal with on August 23.

Binance picked the same date in its announcement. It also copied the names exactly, down to odd spellings like "NoOnecrypto INC." and "Exnode Pay (Arvix)."

Two earlier names came from Washington instead. The US Treasury sanctioned Shelbit and Aban Tether on August 7 over links to Iranian networks.

So this is not a delisting. No tokens leave Binance, and spot trading carries on as normal. What changes is where users can legally send money.

Why HTX Is on the List

Britain froze the assets of Huobi Global S.A., the Panama company behind HTX, on May 26. The stated reason was providing financial services to A7 LLC and Garantex Europe OU.

A7 is a Russian payment network. The US Treasury says it belongs to sanctioned Moldovan politician Ilan Shor and Russian state bank Promsvyazbank. British officials say the network claims to have moved more than $90 billion last year.