Binance, the world's largest cryptocurrency exchange, did not disclose financial details of the deal.
"As we look toward the future, we recognise that operating in Russia is not compatible with Binance's compliance strategy," Chief Compliance Officer Noah Perlman said, without referring to the war in Ukraine, which Russia calls a"special military operation." CommEX is a centralised cryptocurrency exchange backed by crypto venture capitalists, according to its website.
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