bifinity

Binance has suspended Ukrainian users from using fiat payment service provider Bifinity UAB for withdrawals via Visa and Mastercard due to changes in regulatory policies. A Binance spokesperson confirmed this news and added that the announcement regarding the change in payment methods only applies to Ukrainian users who have previously used Bifinity services.This change will affect some fiat deposit and withdrawal methods for Ukrainian users, but the functions for depositing, withdrawing, and trading cryptocurrencies will remain unaffected. Users can still use Visa and Mastercard for deposits and purchasing cryptocurrencies, Apple Pay and Google Pay are still available for account top-ups, and Swift transfers continue to support deposits and withdrawals.

ChainCatcher news, Nasdaq-listed digital asset financial services company EQONEX stated in a filing with the U.S. Securities and Exchange Commission that its entity in Hong Kong, Diginex, has entered into a voluntary liquidation process, and it is expected that Eqonex Capital, located in Singapore, will also enter into voluntary liquidation.Previously, on November 15, 2022, EQONEX announced: "There is significant uncertainty regarding the Group's ability to continue as a going concern and whether the Group's working capital is sufficient to meet its short-term financial obligations. To address these liquidity issues, the EQONEX Group has been negotiating with potential investors to obtain equity financing through the issuance of new shares and has been in discussions with Bifinity seeking (among other things) waivers of defaults and modifications to loan agreements. Unfortunately, the financing plan has not been successful." (source link)