TechFlow reported, according to The Wall Street Journal, Binance has ceased providing P2P services to Russian banks under sanctions. Binance P2P no longer lists five sanctioned Russian lenders on its website as methods for users to transfer rubles among themselves. A Binance spokesperson said: "We regularly update our systems to ensure compliance with local and global regulatory standards. When vulnerabilities are identified, we seek to address and remediate them as quickly as possible. Payment methods that do not meet our compliance policies are unavailable on our P2P platform."




