Binance asked customers from Russia to withdraw funds before December 29

 The Binance cryptocurrency exchange asked Russian users to close positions and withdraw funds by December 29. This was reported by RBC with reference to the exchange's notification.

From December 29, all open positions on the stock exchange will begin to close, according to the message. Binance recommended to repay all outstanding obligations, close all positions and withdraw funds to the CommEX exchange or any other crypto platform without restrictions.

Binance announced its withdrawal from Russia on September 27. The company explained that work in Russia has become incompatible "with Binance's compliance strategy." It was specified that the exchange will close exchange services and other business areas in Russia within a few months.

On November 30, the Central Bank announced a sharp decline in cryptocurrency transactions after the decision of Binance. This follows from the new financial stability review with reference to the data of the "Transparent Blockchain" service. To calculate the transactions of Russians in the study, the volume of bitcoins received and withdrawn from crypto exchanges multiplied by the share of Russians in the web traffic of trading platform sites.

On December 11, the company reported that the exchange would no longer put the ruble in trading pairs and conduct operations with it on the p2p platform. It was specified that users will be able to continue trading for free from January 31 in the CommEX service.