Binance confirms suspension of Visa and Mastercard withdrawals for Ukrainian users.

Techub News reports, according to Cointelegraph, Binance has suspended Ukrainian users from withdrawing funds via Visa and Mastercard through the fiat payment service provider Bifinity UAB, due to regulatory policy changes, with Bifinity UAB ceasing services by the end of the month. The announcement regarding the payment method change applies only to Ukrainian users who have previously used Bifinity services. This change will affect some fiat deposit and withdrawal methods for Ukrainian users, but the functionality for users to deposit, withdraw, buy, and sell cryptocurrencies will remain unaffected. Users can still use Visa and Mastercard for deposits and purchasing cryptocurrencies, Apple Pay and Google Pay remain available for account top-ups, and Swift transfers also continue to support deposits and withdrawals.