Binance Russia buyer tightlipped on owners but denies CZ involvement
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said. Go to Source
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Binance successor in Russia: Everything you need to know about CommEx, so far
The sale has sparked chatter in local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a “Russian version” of Binance.US. Go to Source
Binance fully exits Russia with sale to CommEX
The financial details of the deal remain undisclosed, however as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said. Go to Source
Top Binance execs in Russia leave as firm considers exiting the market
Binance VP Eastern Europe Gleb Kostarev and CIS Director Vladimir Smerkis have announced they have quit the company. Go to Source
CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August. Go to Source
Binance excludes Banco de Venezuela from P2P payments
Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009. Go to Source
Binance leaving Russian market is ‘on the table’: Report
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”. Go to Source
Binance adds fiat currency restrictions for Russian users
Russian residents are now the only eligible users of Binance P2P that can use the Russian ruble, but they are also not allowed to use other currencies. Go to Source
OKX and ByBit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX. Go to Source
Binance P2P removes sanctioned Russian banks from payments list
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks. Go to Source
