Binance Starts Users Transfer to CommEX

Reading Time: < 1 minute Towards the end of September, the leading cryptocurrency exchange Binance announced its decision to depart from the Russian market.

Binance Exits Russia

Reading Time: < 1 minute Binance intends to completely exit the Russian market within the next 12 months and sell its business to CommEX, another exchange.

Top Managers Are Leaving Binance in Russia

Reading Time: < 1 minute Gleb Kostayev and Vladimir Smerkis resigned on September 6 from their respective positions as Director for Eastern Europe and Director for the CIS of Binance cryptocurrency exchange.

Russia is Developing a Mechanism for Phased Legalization of Crypto Exchanges

Reading Time: < 1 minute Anatoly Aksakov, Chairman of the State Duma’s Financial Market Committee, has stated that the legal launch of cryptocurrency exchanges in Russia could take place within two years.

Crypto Exchange OKX Limits Services Russian Users Can Access

Reading Time: < 1 minute Crypto exchange OKX has imposed restrictions on Russian holders of Bitcoin and other digital currencies.

US Department of Justice Suspects Binance of Offering its Services to Russian Users

Reading Time: < 1 minute The US Department of Justice has launched an investigation into the operations of Binance due to suspicion of violating sanctions legislation.

Russia is Considering the Launch of a National Crypto Exchange

Reading Time: < 1 minute An official cryptocurrency exchange controlled by the authorities may appear in the country this year.

Cryptocurrency Exchange OKX is Blocked in Russia

Reading Time: < 1 minute Roskomnadzor, at the request of the Prosecutor General’s Office, blocked last October 4 access to the website of the cryptocurrency exchange OKX in Russia.

Russian Companies Are Increasingly Accepting Crypto Payments

Reading Time: < 1 minute Russian companies are already conducting cross-border settlements using cryptocurrencies.