Post
Topic
Board Bitcoin Discussion
Re: Binance donates $10 million to support Ukraine
by
avikz
on 28/02/2022, 05:41:40 UTC
I'm not very focused right now, but I think I didn't find a topic about this. Forgive me if it was already posted. Binance announced on Twitter that they're donating $10 million to express their support with Ukraine. They are now gathering donations for the Ukraine Emergency Relief Fund here. The usage of cryptocurrencies and crypto businesses are starting to become relevant in the ongoing Russian invasion. Fewer and fewer areas are holding their apolitical stance, even if they used to be apolitical before. I wonder who will be next. It's interesting how Buterin will react, given that he's originally from Russia.

It's interesting to see that a business led by a Chinese man extended their support to Ukraine! The matter of fact is, China is just as same as Russia. People from Taiwan and Hong Kong knows that as they are being ruled by Chinese government for the benefit of the mainland China. I wonder if CZ will come out and offer a similar type of donation in future if China engages into a full-scale war with Taiwan. Also it's important to note that China is one of the closest allies of Russia. So CZ must have given enough thought before announcing this donation because it will not make China very happy and CZ may never be able to enter China if Chinese government takes this donation seriously.

No one wants war! But I am happy to see finally EU has decided to throw Russia out of the Swift network and also putting a ban on Russian Oligarchs who supplies money to Putin.