One of the largest cryptocurrency has announced the cessation of support of the Russian ruble

The cryptocurrency stops support for the P2P exchange of cryptocurrencies for the Russians from January 31, 2024. At the same time, the Russians retain the ability to bypass one of the largest Binance cryptocurrencies will no longer support the Russian ruble due to departure from Russia and the sale of Commex business. This was reported on Binance.

"According to COMMEX, Binance P2P Business Sale and Business Sale, Russian Rub Support (RUB), including the following trade pairs: USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD /RUB and RUB/RUB from 2024-01-31 00:00 (UTC). Users can carry out a P2P trading with a Russian ruble on the Commex platform without any commissions, "the statement said.

It is noted that the ultimate support of the trade in the rubles will take place in late January 2024, but Russians can still trade cryptocurrency on the Commhech Exchange, which Binance sells all their Russian business. Binance developed the process of transferring assets of Russians to a new exchange. Binance is a blockchain system and an infrastructure supplier for the cryptocurrency industry. It can be used to trade digital assets, investments and more.