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Binance continues to serve Russian users despite 2023 exit
26.9.2024
A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia
CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits
25.3.2024
CommEx, the exchange that took over Binance's operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.
The post CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits appeared first on Cryptonews
CommEX, Owner of Binance's Former Russian Ops, to Close Down
25.3.2024
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns
Binance P2P to Discontinue Russian Ruble Trading Pair From January 31 Next Year
11.12.2023
Source: Iryna Budanova/Adobe Digital asset exchange Binance has announced a discontinuation of the Russian Ruble trading pairs on its peer-to-peer (P2P) platforms from Jan 31, 2024. In a Dec 11 official announcement, the company disclosed that it would no longer support the Russian Ruble trading...
Binance to Halt Russian Ruble Deposits as Part of Exit Strategy from Russia
10.11.2023
Source: Pixabay / Paolinio Binance, the largest cryptocurrency exchange, has officially announced plans to cease the deposit of Russian rubles on its platform due to the discontinuation of operations in Russia. On November 11, the crypto exchange Binance announced that it would stop accepting...
Binance Russian Users Are Moving to Other Platforms, Not Just CommEx: Report
4.10.2023
A significant number of Binance's Russian clients have migrated to alternative platforms, not only to the platform's new owner CommEx.
The shift is evident from the decreased activity in peer-to-peer (p2p) operations, Dmitry Stepanin, the CEO of Satoshkin, said in a recent interview with local...
CommEX Says They Are Not Owned by Binance, But Some Core Members Are Ex-Binance Veterans
29.9.2023
CommEx, the firm that has recently acquired Binance's Russian division, has said that it is not owned by Binance but disclosed that some of its core members are the exchange's previous employees.
In a Friday open letter, CommEx claimed it is an independent entity separate from Binance despite...
Binance Russia buyer tightlipped on owners but denies CZ involvement
29.9.2023
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
First Mover Americas: MakerDAO Exchange Balance Jumps; CZ Denies He Owns CommEx
28.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity
28.9.2023
Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity.
In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally,...
CZ Denies He Owns CommEX, Binance Russia's New Owner
28.9.2023
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia
Binance successor in Russia: Everything you need to know about CommEx, so far
27.9.2023
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
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
27.9.2023
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday
Binance fully exits Russia with sale to CommEX
27.9.2023
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