The world’s largest crypto exchange reportedly is facilitating transfers to and from at least five Russian lenders that Western powers blacklisted after Russia invaded Ukraine last year.
Binance provides customers the option to use the five lenders, including Rosbank and Tinkoff Bank, to process payments for peer-to-peer transactions, the Wall Street Journal reported. Customers trade peer to peer when they buy and sell directly from each other rather than through an exchange’s pool of crypto or a market maker.
