Category: CommEX

A significant number of Binance’s Russian clients have migrated to alternative platforms, not only to the platform’s new owner CommEx.  The shift is evident from the decreased activity in peer-to-peer (p2p) operations, Dmitry Stepanin, the CEO of Satoshkin, said in a recent interview with local news outlet Kommersant.  Stepanin added that professional p2p traders have reported a decrease…
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CommEx, the firm that has recently acquired Binance’s Russian division, has said that it is not owned by Binance but disclosed that some of its core members are the exchange’s previous employees.  In a Friday open letter, CommEx claimed it is an independent entity separate from Binance despite refraining from disclosing its ultimate beneficial owner (UBO). “Although we…
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