Binance exits Russian market, stops Ruble transactions from Nov 15, 2023

1. Binance Prepares to Completely Exit the Russian Market,Disadvantages of excessive foreign exchange reserves Will Stop Accepting Ruble Deposits and Withdrawals Starting November 15, 2023

Cryptocurrency exchange titan Binance officially announced on November 10 that it will stop accepting deposits and withdrawals in Russian rubles starting November 15, 2023, and expects to terminate ruble withdrawals by January 31, 2024. Binance advises users to withdraw their ruble deposits as soon as possible, while customers can transfer funds to CommEX. This exchange has acquired all of Binance's operations in Russia.

2. ASIC: Retail Over-The-Counter Derivatives Investors Receive Over 17.4 Million Australian Dollars in Compensation

According to the Australian Securities and Investments Commission (ASIC), since March 2021, eight issuers of over-the-counter derivatives who violated financial services laws have compensated or promised to compensate over 2,000 retail customers more than 17.4 million Australian dollars.

3. dxFeed Appoints Bruce Traan as Global Head of Indices

Capital market data service provider dxFeed announces the appointment of Bruce Traan as the new Global Head of Indices. With over twenty years of experience in the financial sector and outstanding performance in index management, his joining is set to help dxFeed fulfill its commitment to provide innovative and comprehensive index solutions to the global financial markets.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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