Binance is Considering a Complete Exit From Russia

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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.


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