Binance has ended its relationship with five Russian banks under sanctions on the exchange’s peer-to-peer service for ruble fund transfers.
Binance received criticism from The Wall Street Journal (WSJ) on August 22 for offering sanctioned Russian banks like Tinkoff and Rosbank as transfer options.
This raised concerns about potential sanctions violations, as Binance seemed to endorse these banks as payment methods….
Read More: Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here’s the Latest