Binance has halted Visa and Mastercard withdrawals for Ukrainian users who relied on Bifinity services, citing changes linked to regulatory shifts.
Binance has suspended card-based withdrawals for users in Ukraine, according to a notice sent to customers this week.
The changes took effect on Monday and include the temporary halt of direct withdrawals to bank cards issued by Visa and Mastercard, several local Ukrainian news outlets reported.
A Binance spokesperson confirmed the news to Cointelegraph, adding that the “announcement regarding changes to payment methods applies exclusively to users from Ukraine who previously used Bifinity services.”