Crypto giant Binance is re-evaluating its Russian operations, including the possibility of a full exit from the market, according to a Wall Street Journal report. “All options are on the table, including exiting completely,” a spokesperson told the Wall Street Journal.
Last week, The Wall Street Journal reported that Binance was helping Russians move money out of the country, even though the company said last year it had ceased operations in the country, was enforcing Western sanctions requirements and restricting its trading on the Russian platform. .
Binance later moved to limit peer-to-peer transactions involving sanctioned Russian banks.
