• The Binance cryptocurrency exchange commented on the closure of the CommEX trading platform.

• CommEX was unable to fulfill its obligations to Binance as part of the concluded transaction.

• Binance's decision does not affect obligations to existing Russian users.

• Users can no longer migrate to CommEX.

• Binance plans to sell its business in Russia to other service providers.

• The platform is negotiating with several service providers regarding the sale of their business in the Russian Federation.

• Binance plans to shut down all exchange services and business operations in Russia.$$$$