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However, although the American operation of Binance has seen difficulties, it is still at least somewhat functional and nominally open for crypto transactions. These setbacks, in other words, truly pale in comparison to theon September 27 that Binance was selling off all exchange services and business operations in the Russian Federation, denying any plans to have ongoing revenue sharing or stock buybacks.
Binance has seen some good news in the days following this announcement, but also further setbacks. On September 30, two influential players in the cryptocurrency industry, stablecoin issuer Circle Internet Financial Ltd. and crypto investment fund Paradigm Operations filed amicusin support of Binance’s attempt to dismiss the lawsuit against them.
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Source: FXStreetNews - 🏆 14. / 72 Read more »