Binance has introduced staged transfer restrictions covering 16 crypto platforms linked to recent sanctions against Iran and Russia. Restrictions, which began on August 7, are being rolled out in three phases until August 23, when transfers to HTX, EXMO and thirteen other platforms will be blocked. These measures follow US Office of Foreign Assets Control sanctions targeting Iranian platforms involved in sanction evasion efforts on behalf of Iran’s Islamic Revolutionary Guard Corps. Binance will not remove assets available on these platforms but will block transactions and may temporarily suspend accounts pending compliance reviews.
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