**Binance Still Serving Some Russian Clients Despite Exit**
Binance, the major cryptocurrency exchange, is still catering to a limited number of Russian clients, despite announcing a complete market exit last year. A Binance spokesperson confirmed this to Cointelegraph on Sept. 25, emphasizing the company’s commitment to global sanction regulations and ensuring the safety of digital assets.
- Binance sold its Russian operations to CommEx in 2022, citing compliance issues.
- CommEx, which took over Russian users, plans to shut down by April 2024.
- Despite the exit, Binance’s Russian community remains active on social media.
- Binance’s website traffic from Russia has dropped 43% but still accounts for 6% of its total visits.
Binance reiterated that compliance remains its top priority, aiming to establish industry-leading programs that work closely with law enforcement worldwide.