HTX gives Russian clients seven days to pull out funds

Russian users of the crypto exchange HTX are receiving notices urging them to withdraw their assets within seven working days before withdrawals get restricted and accounts blocked.

The move follows EU sanctions imposed on the platform in July over alleged help to Russian entities evading restrictions, with the ban taking effect on 23 August. Binance had already cut transaction processing with HTX earlier in August.

HTX becomes the third major exchange this week to drop Russian clients after Bitget and MEXC. Analysts expect OKX, KuCoin and Bybit to follow suit amid tighter Russian rules and sanction risks.

Based on information from cryptonews.net