Binance’s Russian successor CommEx to shut down in April

CommEx previously remained silent about its founders or key executives, but admitted having some former Binance Russia veterans in the team.

CommEx, the successor of Binance crypto exchange in Russia, has officially announced it is shutting down operations and has halted deposits.

After acquiring Binance’s Russian business in an undisclosed deal in September 2023, CommEx is winding down its platform.

CommEx posted an announcement on its official Telegram group on March 25, immediately halting deposits and closing down new registrations.

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