{"id":11952,"date":"2024-03-25T15:49:59","date_gmt":"2024-03-25T13:49:59","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-accuses-commex-of-breach-of-obligations\/"},"modified":"2024-03-25T15:49:59","modified_gmt":"2024-03-25T13:49:59","slug":"binance-accuses-commex-of-breach-of-obligations","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-accuses-commex-of-breach-of-obligations\/","title":{"rendered":"Binance Accuses CommEX of Breach of Obligations"},"content":{"rendered":"<p>Cryptocurrency exchange Binance has commented to ForkLog on the closure of the trading platform CommEX, to which it sold its Russian business in September 2023.<\/p>\n<p>According to a spokesperson for the exchange, CommEX failed to meet its obligations to Binance under the terms of the agreement.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis decision in no way affects our obligations to our existing Russian users, whose digital assets remain secure, although users can no longer transition to CommEX,\u201d the spokesperson stated.<\/p>\n<\/blockquote>\n<p>The spokesperson also emphasized that Binance&#8217;s decision to exit the Russian market remains unchanged. The platform is currently in discussions with several other service providers regarding the sale of its business in Russia.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe plan to fully wind down all exchange services and business operations of Binance in Russia, making every effort to ensure a seamless experience for users during this transition,\u201d the company representative added.<\/p>\n<\/blockquote>\n<p>Earlier, starting from March 25, CommEX began suspending operations on the platform. From May 10, the exchange&#8217;s website will become unavailable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Binance has commented to ForkLog on the closure of the trading platform CommEX, to which it sold its Russian business in September 2023. According to a spokesperson for the exchange, CommEX failed to meet its obligations to Binance under the terms of the agreement. \u201cThis decision in no way affects our obligations to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1318,27],"class_list":["post-11952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-commex","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11952"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11951"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}