Binance Completely Delists a Fiat Currency

Binance, the world’s largest cryptocurrency exchange, imposes another restriction after leaving the Russian market.

According to the statement made by Binance, it will not be possible to deposit money in Russian rubles to the stock exchange as of November 15.

Users who currently hold rubles on the exchange will be able to withdraw their money until January 31, 2024. Users can also transfer their money to CommEX without transaction fee They will be able to transfer.

In the statement made in September, Binance completely exited the Russian market and completely ceased its operations in the country. sold to CommEX was stated. Noah Perlman, one of Binance executives, said:

“Looking forward, Russia does not align with Binance’s regulatory compliance strategy.”

Russia was subjected to many sanctions due to the Ukraine war. US Treasury Department says Russia is trying to get around these sanctions. can use cryptocurrencies He had warned about it.

source site-9