Binance said on August 14 it will stop processing transactions involving 11 crypto-asset service providers starting August 23, extending a phased rollback that began earlier in the month. The August 23 wave covers Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, HTX (formerly Huobi) and EXMO.
The restrictions follow two earlier phases: Shelbit and Aban Tether Exchange were cut off on August 7, after U.S. authorities sanctioned Shelbit for allegedly handling crypto linked to Iranian sanctions-evasion networks, and A7 Nigeria, A7 Africa and PilotFinance were restricted on August 13. In total, 16 platforms have now been named across the three phases. Binance said transactions attempted with any restricted provider on or after its effective date may be held for compliance review, and that affected wallets could also face restrictions while reviews are ongoing.
Tied to the EU's Largest Sanctions Package in Years
The 14 platforms named in the August 13 and August 23 waves correspond to crypto-related services identified in the European Union's 21st sanctions package against Russia, adopted July 23, 2026 — described by researchers as the largest round of EU sanctions listings in four years, with 218 total designations. Chainalysis's analysis of the package notes it introduced a first-of-its-kind mechanism letting the EU impose blanket transaction bans on crypto services based in any third country found to be hosting platforms that help Russia evade sanctions, rather than sanctioning individual entities one at a time.
A Widening Compliance Net
The targeted platforms span six jurisdictions — Georgia, Panama, the UAE, the Marshall Islands, Kyrgyzstan and Belarus — that EU officials linked to payment routes used to route around earlier sanctions rounds. The same package extended existing EU prohibitions on Russian ownership of crypto wallets, accounts and custody services to cover any other type of crypto-asset service, and expanded scrutiny of the A7 cross-border payments network along with the A7A5 stablecoin, which regulators have flagged as a tool for sanctions evasion.
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For Binance, aligning its own transaction-blocking schedule with the EU's designations lets the exchange stay ahead of formal enforcement deadlines, a pattern it has followed with earlier sanctions rounds. Users of any of the 16 named platforms should expect transfers to and from Binance to face delays or holds as the August 23 deadline approaches.
