Binance exits Russia amid US probe on breach of Ukraine sanctions

Binance exits Russia amid US probe on breach of Ukraine sanctions

The world’s largest exchange says it is selling its Russia business to a newly launched company because ‘operating in Russia is not compatible with Binance’s compliance strategy’.

Binance Exits Russia, Sells Operations to CommEX

Binance, the world’s largest cryptocurrency exchange, has announced its decision to sell its Russian operations and fully exit the country. This comes in light of reports suggesting that the U.S. Justice Department is investigating the company for potential violations of war-related sanctions against Moscow. Binance has entered into an agreement to sell its Russia business to CommEX, a newly created “community exchange” that recently launched. I…

Russia sanctions senior British Royal Navy officer

ALBAWABA -  Russian authorities announced imposing sanctions on 23 British citizens and senior military officials on Wednesday, including Chief of Defense Staff Admiral Antony Radakin and Chair of the Joint Intelligence Committee Madeleine Alessandri, for pursuing anti-Russian policy and backing the "neo-Nazi regime" in Ukraine...