Binance has warned its customers to avoid transactions involving 17 cryptocurrency platforms after introducing new restrictions linked to regulatory developments.<\/p>\n\n\n\n
The affected businesses operate across several jurisdictions, including Nigeria, the United Arab Emirates and Iran.<\/p>\n\n\n\n
Binance said it would no longer process transactions involving the listed entities once the relevant restrictions became effective.<\/p>\n\n\n\n
The measures have been introduced in stages.<\/p>\n\n\n\n
For Nigerian users, the affected businesses include A7 Nigeria, A7 Africa and PilotFinance, with restrictions on transactions involving them beginning on August 13.<\/p>\n\n\n\n
Earlier restrictions were imposed on Shelbit General Trading LLC and Aban Tether Exchange from August 7.<\/p>\n\n\n\n
Binance has also identified additional platforms that are subject to restrictions under later phases of the programme.<\/p>\n\n\n\n
Customers have been told not to send or receive funds through Binance in connection with the affected businesses.<\/p>\n\n\n\n
The exchange said attempts to conduct such transactions could result in funds being held while compliance checks are carried out.<\/p>\n\n\n\n
Users could also face restrictions involving their wallets if activity is found to be connected to prohibited platforms.<\/p>\n\n\n\n
Binance\u2019s action comes against the background of a broader effort by regulators to impose stricter controls on cryptocurrency businesses.<\/p>\n\n\n\n
Digital-asset companies have increasingly come under scrutiny over customer identification, financial crime controls and sanctions compliance.<\/p>\n\n\n\n
The measures also highlight the difficulties global cryptocurrency exchanges face when operating across countries with different regulatory systems.<\/p>\n\n\n\n
For Binance, maintaining access to major markets requires compliance with changing rules and restrictions imposed by governments and financial authorities.<\/p>\n\n\n\n
The company has not said that cryptocurrency trading generally is being suspended in Nigeria, the UAE or Iran.<\/p>\n\n\n\n
Instead, the restrictions apply to specific platforms identified in its compliance notice.<\/p>\n","protected":false},"excerpt":{"rendered":"
Binance has warned its customers to avoid transactions involving 17 cryptocurrency platforms after introducing new restrictions linked to regulatory developments. The affected businesses operate across several jurisdictions, including Nigeria, the<\/p>\n","protected":false},"author":1,"featured_media":189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow7J_NDA:productID":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[82],"tags":[83,84,85],"class_list":["post-190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-binance","tag-cz","tag-uae"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/trendsmill.com\/wp-content\/uploads\/2026\/08\/img_1111.jpg?fit=483%2C593&ssl=1","_links":{"self":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=190"}],"version-history":[{"count":1,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/190\/revisions"}],"predecessor-version":[{"id":191,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/190\/revisions\/191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/media\/189"}],"wp:attachment":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}