CommEX Announces Closure of Operations After Taking Over Binance's Previous Russian Arm

Monday, 25 March 2024, 13:10

Crypto exchange Binance's Russian business was acquired by CommEX, but now, CommEX has decided to shut down its operations. The closure comes after a period of uncertainty and compliance issues since the acquisition.
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CommEX Announces Closure of Operations After Taking Over Binance's Previous Russian Arm

CommEX to Cease Operations

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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