The management of the largest cryptocurrency exchange Binance decided to completely leave the Russian market and sell its business in the country to CommEX. The relevant press release was published at: Web site Trading platform.
Binance Chief Compliance Officer Noah Perlman said that it would be inconsistent with the site’s compliance strategy for the site to continue operating in Russia. Binance management plans to focus on business development in other countries and will close its foreign exchange services and other business areas on Russian territory in a few months.
Binance also announced that it will take approximately a year for users to disconnect from the platform. At the same time, the company promises reliable protection of all customer assets.
First time on what Binance wants To leave It was recognized from Russia in August. The Wall Street Journal wrote that the stock exchange is considering all options, including a complete exit from the country.
Russians before It has been recommended Store savings in various currencies.