Binance is reevaluating its business in Russia, including the possibility of completely exiting this once important market. A spokesperson told The Wall Street Journal, "All options are on the table, including a complete exit." Last week, The Wall Street Journal reported that Binance was helping Russians transfer funds abroad - despite the company stating last year that it had stopped doing business in Russia, was complying with Western sanctions demands, and restricting its trading on Russian platforms. Binance later took action to restrict peer-to-peer transactions involving sanctioned Russian banks.
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