Binance, the world’s largest cryptocurrency exchange, announced on Wednesday that it has initiated the process of selling its Russian operations. “Binance has entered into an agreement to sell the entirety of its Russia business to ,” the company said in a statement. Binance emphasized that, while financial details of the transaction would not be disclosed, it is essential to note that “with this sale, Binance is fully exiting Russia” The exchange business said that it would ensure a smooth transition for existing Russian customers during the off-boarding process.
Source: Written by Zdravko Ljubas, 2023-10-02; https://www.occrp.org/en/daily//en/daily/18081-world-s-leading-p2p-platform-leaves-russia