Binance Donates $10 Million to Support Ukrainians, Launches Crowdfunding Init...
Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also announced it was kickstarting a crypto-first crowdfunding site to coordinate donations to the Ukrainian cause. Binance to Offer Humanitarian Donation to Ukrainians Binance, one of the leading exchanges in the cryptocurrency sphere, has announced its intentions to help the people of Ukraine in....
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Leading Crypto Exchange Binance launched a “Binance Refugee Crypto Card” for displaced Ukrainians. This card is issued for existing as well as new Binance users who have been forced to relocate to European Economic Area (EEA) countries due to the war between Russia and Ukraine. This card could aid millions of Ukrainians by allowing them […]
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces Results From Efforts to Help Ukrainian Refugees Between April 26 and June 10, almost 70,000 people have been issued the Binance Refugee Crypto Card, the largest coin exchange by trading volume unveiled to the crypto news outlet Forklog. The payment product was offered in April to support....
It is no surprise that international support for Ukraine continues to grow following the invasion by Russia. After Russia invaded Ukraine, experts from every sector started getting worried about worse cases. For example, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto money industry did not remain idle either. Binance, the world’s largest crypto exchange by volume, has announced a $10 million donation to Ukraine. Also launching an emergency fund for the affected country. On his Twitter account, CEO CZ noted, “Our focus is providing....
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians owning cryptocurrency will benefit from the law “On Virtual Assets” as it will introduce investor protection and allow them to legally exchange and declare their crypto holdings. The legislation will....
Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores and online. Wirex Gives Ukrainians Access to Over 20 Cryptocurrencies, Promises Crypto Card U.K.-based crypto payment processor Wirex has allowed residents of Ukraine to purchase and exchange cryptocurrencies on its platform. The company supports more than 20 cryptocurrencies, including major coins....