Binance Halts Visa and Mastercard Withdrawals for Ukrainian Users
Binance announced on Dec. 30, 2025 that it is suspending Visa and Mastercard withdrawals for Ukrainian users who relied on Bifinity as the fiat on/off ramp, citing recent regulatory changes as the reason. The exchange said the measure is effective immediately for affected users; details on the specific regulatory requirements were not disclosed in the notice. Customers relying on card rails will be unable to cash out via those networks until Binance or its partners restore compliance or find alternative providers.
The suspension tightens pressure on fiat liquidity in Ukraine and highlights the vulnerability of consumer access when third‑party payment partners change status. Impacted users may have to use P2P trading, bank transfers where available, or convert to stablecoins while seeking updates from Binance. The platform advised users to monitor official announcements for restoration timelines and further instructions as it coordinates compliance steps with payments partners and regulators.