{"id":56934,"date":"2022-02-01T12:28:22","date_gmt":"2022-02-01T10:28:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56934"},"modified":"2025-09-04T09:01:39","modified_gmt":"2025-09-04T06:01:39","slug":"binance-plans-to-launch-cryptocurrency-card-in-ukraine","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-plans-to-launch-cryptocurrency-card-in-ukraine\/","title":{"rendered":"Binance plans to launch cryptocurrency card in Ukraine"},"content":{"rendered":"

Binance is working on launching in Ukraine a payment card with a balance in cryptocurrency. This reported<\/a> by Kirill Khomyakov, the company’s country manager in Ukraine.<\/p>\n

He explained that the card is linked directly to a wallet on Binance:<\/p>\n

\n

“You don’t need to hold fiat on the card, which loses value; you can keep crypto there”.<\/p>\n<\/blockquote>\n

At the moment of payment, funds are automatically converted into fiat currencies. The initiative is being implemented with local partners, whose names were not disclosed by the company.<\/p>\n

\n

“We expect the law ‘On Virtual Assets’ to come into force. The product will be launched fully in accordance with Ukrainian law,” said Khomyakov of ForkLog.<\/p>\n<\/blockquote>\n

He also noted that the exchange is working on launching Binance Pay, which will allow users to settle transactions directly from their wallet on the platform with major retailers.<\/p>\n

In addition, the exchange plans to develop digital-art trading in Ukraine via the Binance NFT platform, and to launch the country’s first fan token for a well-known sports team.<\/p>\n

Earlier, ForkLog reported in July last year that the Ukrainian mobile bank monobank<\/a> would issue a Bitcoin card, through which customers could buy and sell cryptocurrency.<\/p>\n

According to co-founder Oleg Gorokhovsky, the card is ready<\/a>, but has long been awaiting approval from the National Bank.<\/p>\n

In October, the head of the NBU Kirill Shevchenko said<\/a> that commercial banks had approached the regulator with a request to issue cryptocurrency cards. He noted that there is ‘a question of the high risk of such operations, and compliance with the necessary procedures for financial monitoring’.<\/p>\n

Follow ForkLog’s bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance is working on launching a cryptocurrency-balanced payment card in Ukraine, according to Kirill Khomyakov, the company’s country manager.<\/p>\n","protected":false},"author":1,"featured_media":56935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,744,16],"class_list":["post-56934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-binance","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56934"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56934\/revisions"}],"predecessor-version":[{"id":56936,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56934\/revisions\/56936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56935"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}