Odaily Planet Daily News Binance P2P service no longer lists five sanctioned Russian banks on its website. A spokesperson for Binance said: “We regularly update our system to ensure compliance with local and global regulatory standards. When vulnerabilities are pointed out, we will seek to resolve and remedy them as soon as possible. The payment method for our compliance policy is not available.” (Wall Street Journal)
According to previous news, Binance has recently processed a large number of ruble transactions, or violated global sanctions. A recent review of the Binance C2C service website revealed that Binance recently offered Russian customers at least five sanctioned Russian banks (including Ross Bank and Tinkoff Bank) as options for processing payments.