Binance Blacklists Htx And 10 Other Crypto Platforms: Are Your Funds At Risk?

What Happened

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).”

Ordinary wallets get caught too. On-chain investigator ZachXBT argued the UK order tainted innocent addresses and made risk scores meaningless.

Market Context

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.

That line belongs to Steve Smart, the FCA’s joint executive director of enforcement and market oversight.

HTX says it has 59.49 million registered users. Its own half-year report counts just over 420,000 who traded spot. Binance handles roughly 10 times HTX’s daily spot volume.

Why It Matters

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.

The UK Treasury confirmed on May 29 that the freeze covers the HTX exchange itself. HTX rejected the UK sanctions and told users their funds were safe.

Who Faces the Biggest Risk

The post Binance Blacklists HTX and 10 Other Crypto Platforms: Are Your Funds at Risk? appeared first on BeInCrypto.

Details

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.

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

Why HTX Is on the List

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.

A separate case is closer to a verdict. The Financial Conduct Authority (FCA) sued HTX in London’s High Court over illegal crypto ads. The settlement window closes on August 25.

“HTX’s conduct stands in stark contrast to the majority of firms working to comply with the FCA’s regime.”

Traders who move funds between the two lose that route. So does anyone using the smaller listed platforms as a cheap on-ramp.

Binance is not the last stop. The EU ban binds every firm in the bloc from the same morning, and Bybit tightened its checks months ago. Users have nine days to clear anything still in flight.