Binance launching crypto payments card for Ukrainians fleeing their country during Russia's invasion | Businessinsider

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Binance launching crypto payments card for Ukrainians fleeing their country during Russia's invasion | Businessinsider
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Binance launching crypto payments card for Ukrainians fleeing their country during Russia's invasion

because of the war launched by Russia in late February. The EEA has 32 member countries and is an agency of the European Union.

"At such a difficult time for Ukraine, it's clear that cryptocurrencies are useful as they offer a fast, cheap and secure way of transferring funds to help people with their urgent financial needs," Helen Hai, head of Binance Charity, said in the statement. New Binance users must complete an application in accordance with so-called Know Your Customer guidelines.

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