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Binance to Shut Down Ruble Payment Partnership
Binance plans to shut down a partnership with a payments firm that allowed customers to move funds held at sanctioned Russian banks to the cryptocurrency exchange, according to people familiar with the decision and messages Binance sent to a client.
Binance announced its partnership with Belize-registered Advanced Cash, also known as Advcash, back in 2019 for customers to deposit and withdraw rubles.
An Advcash spokesman said it hadn’t received any updates from Binance about their partnership.
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