Operating in Russia isn't "compatible with Binance's compliance strategy," the crypto exchange said. (Gabby Jones/Bloomberg News) Binance, the world’s largest cryptocurrency exchange ...

Russia has long been one of the international crypto scene’s leading nations, with high levels of interest in purchasing Bitcoin and active development in crypto and blockchain technology. So, for ...

Thus, the implications of the Binance exit extend beyond mere operational changes. Despite a reported 43% decline in web traffic from Russia between August 2023 and July 2024, the country still ...

"All options are on the table, including a full exit," a spokesperson told The ... and had restricted trading on its platform in Russia. Binance later moved to limit peer-to-peer trading involving ...

Russia has been one of the major markets on Binance’s platform over the past year Since Binance announced its exit from Russia, its local website visits have seen a significant decline ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Binance, the world’s biggest cryptocurrency exchange, is exiting Russia by selling its business in the ...

Binance is ending support for the ruble on its peer-to-peer (P2P) trading platform as the firm exits Russia, according to a Monday announcement. Ruble's support on Binance P2P ends on Jan. 31 of ...

Crypto exchange Binance has agreed to sell the entirety of its Russia business to CommEX as it looks to fully exit the market over compliance concerns. "As we look toward the future, we recognize ...

Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as CommEX. Binance has entered into an agreement to ...

Although refusing to disclose financial details of the deal, Binance was keen to stress the move will see it fully exit Russia, pointing out there will be no ongoing revenue split from the sale ...

Cryptocurrency exchange Binance still serves some Russian clients despite announcing a complete exit from Russia in 2023. “We continue to serve a limited number of existing Russian users to ...