CRYPTOCURRENCY exchange Binance has entered into an agreement to sell the entirety of its Russia business to COMMEX as it looks to cut all ties with Moscow. Binance chiefs say the 'offboarding' process could take up to one year to ensure the assets of existing users remain securely protected. Although refusing to disclose financial details of the deal, Binance was keen to stress the move will see it fully exit Russia, pointing out there will be no ongoing revenue split from the sale, or any option to buy back shares in the business.

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