BINANCE PLANS TO EXIT RUSSIA COMPLETELY‼️

According to a report on Aug. 28 from The Wall

street Journal, a Binance spokesperson said the

exchange was considering all options in regard to 

Russia, “including a full exit.”

The report followed Binance removing certain

sanctioned Russian financial institutions from

available payment options on its peer-to-peer

platform and adding fiat currency restrictions for

Russia-based users.

Bybit and OKX followed Binance by excluding

certain Russian banks from their lists of P2P

platforms for payment options. Russia’s central

bank also announced in August it planned to begin

testing operations with digital rubles, with the aim

of having them in widespread use by 2027.

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