Coin

<ul class="news-points"> 
 <li>Binance is reassessing its services in Russia in light of the regulatory uncertainties.</li> 
 <li>The platform is considering the possibility of a complete withdrawal from the nation.</li> 
 <li>The crypto exchange has been under the scrutiny of regulators over the past few months.</li> 
</ul> 
According to a recent report dated August 28, the prominent crypto exchange Binance has been reassessing its services in Russia in light of the regulatory challenges. The Wall Street Journal revealed that the exchange is considering revolutionary changes including the possibility of a “full withdrawal” from the Russian crypto market. 
Binance’s move came following the firm’s imposition of restrictions on fiat currency for Russian customers, indicating the platform’s plans to cease operations in the Russian Federation. The exchange also limited certain sanctioned financial institutions from trading on its peer-to-peer platform, along with stopping providing P2P services to sanctioned Russian banks. Subsequently, Binance came forward with its proposal to completely exit from Russia, as a spokesperson said, “All options are on the table, including a full exit.” 
Renowned crypto reporter Col… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/binance-re-evaluates-services-plans-for-a-full-exit-from-russia/">Binance Re-evaluates Services, Plans for a ‘Full Exit’ from Russia</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Re-evaluates Services, Plans for a ‘Full Exit’ from Russia

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