Odaily Planet Daily reported that Russian crypto exchange CommEx announced that it will gradually cease operations. The specific schedule includes that CommEx will suspend new user registrations from 18:00 on March 25th, Beijing time, stop supporting asset transfers from Binance, and stop deposits of cryptocurrency and legal tender; at 18:00 on May 10th, Beijing time, the official website will be closed and users will not be able to access CommEx related content.
As previously reported, in September last year, Binance announced that it would completely withdraw from the Russian market and related businesses would be sold to CommEX.