Binance is Considering a Complete Exit From Russia

Published on:

Last Updated on August 29, 2023 by Bitfinsider

According to the Wall Street Journal, Binance, the world’s largest cryptocurrency exchange, is rethinking its business in Russia due to regulatory dangers.

According to a Binance representative, the exchange is considering various options for its Russia business, including a complete withdrawal from the market.

Binance’s peer-to-peer service removed five sanctioned Russian lenders off its site earlier this week, which had previously allowed users to send rubles to one another.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.