On February 28, Binance said, “We have formed a dedicated global compliance working group, including world-renowned sanctions experts, and are taking the necessary measures to ensure that we people to take action while minimizing the impact on innocent users.”
As previously reported, Changpeng Zhao tweeted that Binance is donating $10 million to help Ukraine overcome the humanitarian crisis, while Binance Charity, a charity affiliated to Binance, launched the first cryptocurrency crowdfunding for the Ukraine Emergency Relief Fund. In addition, Changpeng Zhao said that our focus is on providing support on the ground, and we only care about the people.
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