🧵 1. Breaking: Binance, the global cryptocurrency exchange, may leave the Russian market due to US-led sanctions. Full withdrawal is being considered. #crypto
🧵 1. Breaking: Binance, the global cryptocurrency exchange, may leave the Russian market due to US-led sanctions. Full withdrawal is being considered. #crypto
🧵 2. Binance recently removed sanctioned Russian financial institutions from its peer-to-peer platform and imposed fiat currency restrictions for Russia-based users.
🧵 3. Authorities worldwide have been scrutinizing Binance's activities, including the ongoing lawsuit it faces in the US from the SEC.
🧵 4. The exchange is also reportedly under investigation by the US Justice Department for potential violations of sanctions related to the Russian invasion of Ukraine.
🧵 5. Stay tuned for more updates on this developing story as further information emerges.
🧵 Read more at: https://cointelegraph.com/news/binance-leaving-russian-market-on-the-table