EXMO Exits Russia, Sells User Base There to Unnamed Buyer

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EXMO is also giving up its users in Kazakhstan since the new owner is based there. The structure of the deal is unclear, as EXMO hadn’t been operating as a separate legal entity in Russia. Maria Stankevich, EXMO’s chief business development officer, told CoinDesk that what’s being sold is „around a million users, software, intellectual property and [much] more.“

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