The Binance unit in Ukraine reported on Tuesday (3) that many pharmacies in the country accept cryptocurrency payments via Binance Pay, the exchange’s payment solution.
You are right – right! Аптеки АНЦ, Копійка, ШАР @ – перші аптеки у Європі, о приймають Binance Pay! 😊
ершочергово технологія Binance Pay has a great deal of money and money.
иро бажаємо міцного здоров’я tobi та твоїй родині! ☺️ pic.twitter.com/U8xzvE9mj4
– BinanceUkraine January 3, 2023
“It’s easy to be the first! ANC Pharmacy ANC, Kopiyka, Shara are the first in Europe to accept payments from Binance! Firstly, Binance Pay technology is available in Kyiv pharmacies. We sincerely wish you and your family good health! ”Binance Ukraine tweeted.
Cryptocurrencies accepted in pharmacies in Ukraine
ANC Pharmacy is one of the largest pharmacy chains in Ukraine, operating more than 1000 pharmacies in more than 138 cities across the country. The network partnered with Binance Ukraine on January 3 to launch crypto payments through Binance Pay.
According to an official announcement, payments via Binance Pay will initially be launched in pharmacies in the capital. “We take care of your health while you take care of your cryptocurrency,” ANC Pharmacy highlighted in the official announcement.
All users need to do to pay with crypto is download the Binance app and go to the ANC website. Then choose the product you want to buy and finally choose Binance Pay as your payment method.
Binance Pay acceptance will be available not only at ANC pharmacies, but also at stores operated by ANC pharmacies such as Kopiyka and Shara.
Binance Pay is a Binance solution that allows users to pay for products and services without converting their crypto into fiat currencies.
Ukraine and the adoption of cryptocurrency
Acceptance of cryptocurrencies in Ukraine gained momentum after the start of the Russian invasion in February last year. Since then, states and government officials have turned to cryptocurrency as a way to drum up support and donations.
In March 2022, as reported by CriptoFácil, President of Ukraine Volodymyr Zelensky signed a law “On Virtual Assets,” legalizing cryptocurrencies in the country. With the law, foreign and Ukrainian digital asset exchanges have started to operate legally in the country. In addition, banks were allowed to open accounts for cryptocurrency companies.
Months later, in July last year, Ukraine’s Deputy Minister of Technology, Alex Borniakov, emphasized the role of digital assets in the country. According to him, Bitcoin and other cryptocurrencies remain essential to the country’s defense strategy.
By then, more than 50 organizations in Ukraine had already received about R$11.5 million in cryptocurrency donations, according to data from Chainalysis. As the war continues to this day, digital assets remain important to the country.
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