Binance Card Withdrawals for Ukrainians Halted
- Temporary halt on card withdrawals for Ukrainians using Binance.
- Action due to regulatory-driven changes by Bifinity.
- Core crypto trading unaffected, P2P remains operational.
Binance paused Visa and Mastercard withdrawals for Ukrainian users starting December 29, 2025, due to regulatory changes affecting Bifinity’s operations, though essential services remain accessible.
The suspension reflects ongoing regulatory pressures on crypto exchanges, affecting only Ukraine-based usage of Bifinity, while core crypto trading activities remain unaffected.
Binance Suspends Card Withdrawals for Ukrainian Users
Binance temporarily suspended Visa and Mastercard withdrawals for Ukrainian users following Bifinity’s regulatory adjustments. This action starts from December 29, 2025, affecting users relying on Bifinity’s services for these transactions.
Entities Involved and Immediate Impact
Binance and Bifinity are the main entities involved in this change. Bifinity, Binance’s fiat payment partner, is winding down services, prompting temporary suspension exclusively for Ukrainian users who previously utilized Bifinity.
The immediate impact on Ukrainian users includes disrupted card withdrawal services. Despite this, core trading activities remain operational, allowing users continued access to cryptocurrency through other methods.
Financial implications include a halt on euro and Polish zloty transactions through Zen.com, affecting fiat-based trading limits. Despite the disruption, no direct impact on popular cryptocurrencies like BTC, ETH, and BNB was reported.
“Binance aims to provide the best service and adhere to high security standards. We inform you about temporary changes in the operation of the platform for the Ukrainian region.” — Binance Compliance Team
Regulatory Changes and Outlook
Regulatory adjustments by Bifinity appear to stem from upcoming changes in European regulations. The exact nature of these changes isn’t detailed, but Binance emphasizes compliance with partner-level decisions, affecting only specific transaction methods for Ukrainians.
The outlook for users hinges on regulatory clarifications and adjustments from Bifinity. Users can still engage in crypto transactions through SWIFT, P2P trading, and mobile payment options, maintaining some level of convenience in trading activities.
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