Binance to Halt Russian Ruble Deposits and Withdraw from Russia by January 2024
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Binance will stop allowing deposits in Russian rubles starting November 15, 2023 as it prepares to leave the Russian market.
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Ruble withdrawals will continue to be available until January 31, 2024.
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Binance is urging users to transfer rubles to CommEX, the company acquiring its Russian operations.
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Users can also convert rubles to crypto or withdraw funds through Binance's fiat partners.
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Binance's exit comes amid reports it's under investigation for potentially violating sanctions against Russia.