US, NEW YORK (ORDO News) — space: widows: word-spacing: rgba background-color: rgb text-decoration: display: inline float:>Binance pulls out of Russia. The technology company Binance, which provides infrastructure for trading cryptocurrencies, has agreed to sell its entire Russian business to CommEX, users from Russia will be disconnected from trading on this site within a year, the crypto exchange said in a message on the social network X.
“Binance has entered into an agreement to sell its entire Russian business to CommEX,” the company said.
Once the sale is completed, Binance will not have the option to buy back any shares in the business.
As noted, the process of disconnecting Russian users from trading will take up to a year to smooth out the consequences for them of switching to another platform and protect their assets.
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