Binance Suspends Visa, Mastercard Withdrawals in Ukraine

Binance has suspended direct withdrawals to Visa and Mastercard bank cards for users in Ukraine, effective Monday, as confirmed by a spokesperson. This change is exclusively linked to the cessation of services by Binance's fiat payment provider, Bifinity UAB, by the end of the month following regulatory changes. While direct card withdrawals are paused, Ukrainian users can still deposit funds and buy crypto using Visa and Mastercard for incoming transactions, and Apple Pay, Google Pay, and Swift transfers remain available for deposits and withdrawals. Binance clarified that these changes do not affect the National Bank of Ukraine or P2P operations. Additionally, Zen.com functionality for euro and Polish zloty transactions is expected to resume on January 6, 2026.

(Source：Cointelegraph)