Binance will stop processing related transactions for multiple crypto asset service providers on August 23.

TechFlow news, August 14, according to an official Binance announcement, due to recent changes in regulatory requirements, Binance will stop processing relevant transactions involving multiple crypto asset service providers in batches. Among them, platforms such as HTX (Huobi Global SA), EXMO Ltd, BitPapa, and Rapira will take effect from August 23, 2026. Previously, Shelbit and Aban Tether Exchange took effect on August 7, and A7 Nigeria, PilotFinance Ltd, etc. took effect on August 13. Binance noted that after the above dates, if users attempt to trade with relevant entities, they will face additional compliance reviews, and relevant wallets may be restricted.

In response, HTX Market Head Molly stated in a post that the UK Financial Conduct Authority (FCA) and HTX are currently negotiating a settlement regarding the relevant allegations. Both parties began a three-month settlement negotiation in March this year, which was extended again on June 25; the London High Court has suspended litigation proceedings, giving both parties two months until the end of August to reach a settlement. Currently, settlement progress is positive; the company is not currently operating in the EU region nor does it have EU region customers. Users are advised not to worry excessively. The company will continue to actively advance relevant matters on the premise of compliance.