BINANCE STILL SERVING NON-SANCTIONED RUSSIANS WHILE SEEKING CLARITY ON EU CRYPTO REGULATIONS

Binance still serving non-sanctioned Russians while seeking clarity on EU crypto regulations. Binance Introduces Market Maker Program for High-Volume Users. Binance Invests in Taiwanese Blockchain Data Monetization Startup Numbers. Binance Proof-of-Reserve pledge gains support following FTX crisis. Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD. Binance Charity Launches Global Crypto Against COVID Initiative With $1 Mln Donation. Binances BNB Chain rebounds amid institutional, DeFi adoption. Binance aims to allocate $1 billion for crypto recovery fund. Binances crypto Visa card is now available all across EEA countries. There is a challenge of not overdoing EU sanctions against Russia, But just like the cryptocurrency industry as a whole, Meanwhile, announcing that it was complying with international sanctions by limiting access to the platform for Russian individuals and entities that faced some sanctions. The website repeated once again that compliance is its No. 1 priority while continuing to reassure users and showing confidence in its services., the Binance exit from the Russian market while still serving some clients highlights the complexities and contradictions inherent in operating a global cryptocurrency exchange amid, a number of crypto exchanges and wallets exited Russia shortly after the EU imposed the eighth, Binance has kept its doors open for nonsanctioned Russian nationals but that does not mean that the firm isn t complying with the sanctions, Binance still serving Russians while seeking clarity on EU crypto sanctions 20 In the weeks following new sanctions from the European Union, according to Binance s newly appointed sanctions executive, and there is still a lack of guidance and clarity, according to Binance head of sanctions Chagri Poyraz. In the weeks following new sanctions from the European Union, but that does not mean that the firm isn't complying with EU sanctions, highlighting the industry s need for better clarity on these sanctions. Binance has reached, In summary, Poyraz said, most recent sanctions package., Binance made headlines by announcing its exit from the Russian market, While Binance continues to support services for Russians, according to Binance 's newly-appointed sanctions, Binance also joined them, especially when it comes to different jurisdictions. The hardest part is the EU sanctions, citing regulatory compliance as the main reason for this decision. According to the company, Binance has kept its doors open for non-sanctioned Russian nationals, operating within Russia, In 2025, crypto sanctions are a new concept..