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Next month, crypto giant Binance will stop supporting the Russian ruble

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Starting January 31, 2024, the largest crypto exchange Binance will stop supporting transactions with the Russian ruble. This is stated in the company's statement, UNN reports.

Details

Following the decision to withdraw from Russia and sell the business to CommEX, Binance P2P will stop supporting the Russian ruble (RUB), including the following trading pairs: USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/ RUB, and RUB/RUB, effective January 31st 00:00 (UTC)

- the company said.

SEE ALSO: The world's largest crypto exchanges have banned transactions with the Russian ruble

At the same time, Binance has offered users to conduct P2P trading with the Russian ruble (RUB) on the CommEX platform without commissions. To do so, you will need to connect your CommEX account to your Binance account and transfer assets.

Addendum

In September of this year , Binance announced that it was withdrawing from Russia. It entered into an agreement to sell all of its Russian business to the crypto exchange company CommEX.

As a reminder

The National Agency for the Prevention of Corruption (NAPC) has sent letters to companies that were included in the list of international sponsors of the war. The agency invites the heads of such companies to visit Ukraine and see the consequences of Russian aggression with their own eyes and discuss the withdrawal of business from Russia

Volodymyr Omelchenko

Economy

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