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Binance Picks Compliance And 16 Crypto Players Pay The Price

Binance cuts ties with 16 crypto players. Since August 14, 2026, the giant no longer processes their transactions in order to comply with international sanctions related to the war in Ukraine and anti-money laundering requirements.…

Cointribune

Publisher

Aug 15, 2026 at 8:34 AM UTC · 5 phút đọc

Binance Picks Compliance And 16 Crypto Players Pay The Price
Image via Cointribune

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binance

Last Updated

3 tháng trước

Đang dịch…
Summarize this article with:

Binance cuts ties with 16 crypto players. Since August 14, 2026, the giant no longer processes their transactions in order to comply with international sanctions related to the war in Ukraine and anti-money laundering requirements. Among the targeted platforms is HTX (formerly Huobi), a global heavyweight in the sector. Under European and American regulatory pressure, Binance now prioritizes compliance over interconnection between exchanges. This decision reveals how sanctions and regulation are beginning to reshape relations between major crypto platforms.

In brief

  • Binance interrupts transfers with a group of crypto exchanges, including the giant HTX, according to a timeline from August 7 to 23, 2026.
  • Any transfer to or from these entities after the deadline will trigger a compliance check that may result in wallet freezing.
  • These restrictions stem from EU and US sanctions targeting circumvention of Russian sanctions and money laundering.
  • Justin Sun qualifies the impact by targeting only European and British residents, while confirming ongoing negotiations with regulators.

Binance: a strict execution schedule and a progressive indexing

Two distinct execution phases were decided by Binance in its operational schedule. This choice constitutes a gradual but also irreversible break with the targeted entities. The first phase began immediately during the first half of this August. From August 7, the exchange platform cut off access to various financial flows coming from and going to Shelbit and Aban Tether Exchange.

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