Binance Exits Russia
posted 27 Sept 2023
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country.
The transition will take up to a year, ensuring a smooth migration for existing russian users.
Notably, CommEX is a newly launched exchange, just one day into its official journey.
Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market:
“There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.”
Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.
The transition will take up to a year, ensuring a smooth migration for existing russian users.
Notably, CommEX is a newly launched exchange, just one day into its official journey.
Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market:
“There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.”
Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.
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