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The cryptocurrency exchange Binance will implement additional restrictions against the Russian Federation

10 Nov, 2023
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The cryptocurrency exchange Binance will implement additional restrictions against the Russian Federation

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One of the world's largest cryptocurrency exchanges, Binance, has decided to impose additional restrictions against Russia.

As reported by the company's statement,

"Following the decision to exit Russia and sell the business of the CommEX company, Binance will cease to support fiat deposits in Russian rubles on November 15, 2023."

It is mentioned that the withdrawal of Russian rubles will be available until January 31, 2024.

The company has informed that users with a fiat balance in Russian rubles can transfer their funds to the CommEX platform.

The Odessa Journal

The Odessa Journal

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