Binance Ceases Russian Ruble Deposits and Offboards Russian User Base

Binance, the largest cryptocurrency exchange, has officially announced plans to cease the deposit of Russian rubles on its platform due to the discontinuation of operations in Russia. The crypto exchange made the announcement on November 11, stating that it would stop accepting deposits in Russian rubles starting November 15.

Furthermore, Binance advises its users to withdraw their RUB from the platform as soon as possible. After January 31 of the following year, the option for withdrawals in Russian rubles will no longer be available on the platform.

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