Russian cryptocurrency exchange CommEx announced that it will gradually cease operations. Among them, new user registration will be temporarily suspended from 18:00 on March 25th Beijing time, and asset transfers from the original Binance will be stopped. At 18:00 on May 10th Beijing time, the official website will be closed, and users will not be able to access related content of CommEx. Previously reported, in September last year, Binance announced a comprehensive withdrawal from the Russian market, and related businesses will be sold to CommEX. It also stated that in order to ensure the smooth withdrawal of existing Russian users, the withdrawal process will last for one year. However, in fact, it is less than half a year away from the withdrawal of Binance Russian users.