Binance, the world's largest cryptocurrency exchange company, said on September 27 it will sell all of its Russian operations to a newly established company, CommEx. Binance’s chief compliance officer, Noah Perlman, said that "as we look toward the future, we recognize that operating in Russia is not compatible with Binance's compliance strategy.” The process of leaving the Russian market will last for up to one year to ensure a smooth process for clients in Russia, the company said. All assets of current Russian users are safe and securely protected, the statement added. To read the original story by RFE/RL's Russian Service, click here.
