The Ukrainian government has suspended plans to integrate Binance payment services into the official app

2022-11-29 08:02:54

Collection

According to ChainCatcher news, local cryptocurrency news media Forklog reported that Binance has integrated its Know Your Customer (KYC) process into Ukraine's Diia mobile application in late October. Diia allows Ukrainian users to create digital copies of state-issued documents and government services online, developed by government agencies.
Ukrainian Deputy Minister of Digital Transformation Alex Bornyakov stated that the integration could potentially go further, including enabling cryptocurrency payments through Binance in Diia. However, the related integration has faced strong opposition from the local Ukrainian crypto community, with local exchanges Kuna, WhiteBit, and crypto lending service Trustee Plus even submitting a petition to the president, requesting him to stop this move and freezing BNB trading on their platforms. Currently, the integration plan has been temporarily put on hold. (Coindesk)

Related tags

Ukraine Binance

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.