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News | Crypto | Europe

Binance to Halt Transfers With HTX and 10 Other Platforms

14 August 2026 | 2 months ago

Crypto exchange Binance said Friday, August 14, 2026 (23 Mordad 1405), according to Arzdigital, that starting August 23, 2026 (1 Shahrivar 1405), it will halt all direct deposit and withdrawal transfers to and from HTX (formerly known as Huobi) and 10 other platforms. The report said the move follows European Union Council regulation 2848 of 2026, which bans transactions with 14 crypto and payment platforms, including HTX, EXMO and Exnode Pay. Users have nine days to complete pending transactions, and any assets sent after the deadline will be frozen and reviewed by Binance's compliance unit.

The report said HTX has come under pressure over allegations it provided financial services to Russian payment networks, and the UK earlier froze the Panama based parent company's assets over links to a network known as A7. The UK's Financial Conduct Authority (FCA) has also filed a complaint against the exchange in London's High Court over allegedly unlawful crypto advertising. FCA director of market oversight Steve Smart said in a statement that HTX's conduct stands in stark contrast to the majority of firms working to comply with the regulator's regime.

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