BINANCE DROPS SANCTIONED RUSSIAN BANKS FROM PEER-TO-PEER SERVICE

Summary from the TLDR Crypto newsletter

Binance has cut off user access to a number of sanctioned Russian banks for peer-to-peer transactions. This comes in the wake of media reports suggesting the platform was enabling Russians to transfer money overseas. Binance is purportedly in the process of strengthening compliance policies, reinforcing its commitment to operate within global regulatory standards. However, some users said in a group chat they were still able to use the blacklisted banks by exploiting other available payment options.