🚨 Cryptocurrency exchange Binance is in talks with several platforms to sell its Russian business and is looking for a new buyer to replace CommEX.
- The world's largest crypto exchange stated that CommEX will not be able to fulfill its obligations within the scope of the agreement made in September 2023.
- Binance emphasized that the digital assets of Russian users are safe and that CommEX's decision to suspend its activities does not affect its obligations.
- Binance announced that its decision to exit the Russian market has not changed and that it is in talks with several service providers to sell its Russian business.
- CommEX plans to shut down its operations by May 10 by stopping new user registration and slowing down the transfer of assets from Binance.