Crypto exchange CommEX, which bought the Russian business Binance, ceases operations. CommEX will begin to gradually suspend operations from March 25.
This process should end on May 10 with the cessation of the site’s official website. The Binance exchange announced its departure from Russia in September 2023. In December of the same year, the platform asked Russian clients to withdraw funds from their accounts. The exchange is based in New York City and is owned by the Winklevoss twins.