The crypto exchange introduced restrictions in three stages: on August 7, 2 platforms; on August 13, another 3. However, the main block will take effect on August 23. This list includes HTX and 10 other smaller exchanges.

Almost all of the blocked companies, with the exception of Shelbit and Aban, are included in the updated EU sanctions list. They helped Russia circumvent European sanctions. At the same time, the US imposed sanctions on Shelbit and Aban for assisting Iran.

Binance said it is obliged to comply with the regulatory requirements of the jurisdictions in which it operates. At the same time, the crypto exchange handed over the personal data of Russian citizen Yuri Belenky to the Russian government. Russian law enforcement submitted a request to Binance in October 2025 on charges of financing terrorism. Belenky was detained for 6 transfers to the Armed Forces of Ukraine and the Azov regiment totaling 742 USDT.