Crypto Exchange CommEX, Owner of Binance’s Former Russian Ops, to Close Down

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns. The exchange officially launched the day before the news was announced. At the time, Binance said there would be no ongoing revenue split from the sale, and its founder, Changpeng Zhao, denied that he owned the exchange.

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