This is not a blanket shutdown — Binance continues to operate normally. But for users who transact with any of the listed platforms, the change introduces real friction: deposits, withdrawals, and any indirect transfers through these platforms will be blocked, and attempting to route around the restriction risks a compliance hold on your wallet.
The 11 platforms Binance will block from August 23 are :
These come on top of 5 smaller platforms already cut off earlier in August: Shelbit, Aban Tether Exchange, A7 Nigeria, A7 Africa, and PilotFinance . That brings the total number of blocked platforms to 16.
Binance implemented the restrictions in three phases :
Binance stated the move follows "recent regulatory developments" without naming a specific action in the announcement itself . However, multiple reports connect the restrictions to the European Union's 21st sanctions package against Russia, adopted in July 2026, which expanded transaction bans to offshore crypto platforms identified as sanctions evasion channels . HTX was already designated under EU and UK sanctions prior to this round .
Importantly, Binance emphasized that it is not delisting specific cryptocurrencies — it is screening whether counterparties are sanctions targets .
This is not a blanket shutdown — Binance continues to operate normally. But for users who transact with any of the listed platforms, the change introduces real friction: deposits, withdrawals, and any indirect transfers through these platforms will be blocked, and attempting to route around the restriction risks a compliance hold on your wallet.
The 11 platforms Binance will block from August 23 are :
These come on top of 5 smaller platforms already cut off earlier in August: Shelbit, Aban Tether Exchange, A7 Nigeria, A7 Africa, and PilotFinance . That brings the total number of blocked platforms to 16.
Binance implemented the restrictions in three phases :
Binance stated the move follows "recent regulatory developments" without naming a specific action in the announcement itself . However, multiple reports connect the restrictions to the European Union's 21st sanctions package against Russia, adopted in July 2026, which expanded transaction bans to offshore crypto platforms identified as sanctions evasion channels . HTX was already designated under EU and UK sanctions prior to this round .
Importantly, Binance emphasized that it is not delisting specific cryptocurrencies — it is screening whether counterparties are sanctions targets .