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In Ukraine, pharmacies are thoroughly adopting payments in digital assets amid a continuous battle waged by Russia. A prominent chain of pharmacies has enabled crypto payments including Bitcoin. ANC Pharmacy, which is considered among the largest pharmacy chains across the jurisdiction, has collaborated with Binance Ukraine to start crypto payments through Binance Pay (a distant service provider for crypto payments).

Ukrainian Pharmacies Join Binance to Permit Crypto Payments through Binance Pay

At present, ANC Pharmacy is permitting consumers to move ahead with rapid payments to buy pharmacy goods online, as formally declared by the chain on the 3rd of January 2023. The pharmacy chain runs up to 1,000 pharmacies in Ukraine, operating its distinctive online pharmacy service. As per the announcement, the initial rollout of the payments via Binance Pay will be witnessed in Kyiv.

The latest payment service will be offered at ANC, Shara, and Kipiyka are the initial pharmacies operating in Europe to embrace crypto, as stated by the announcement. To move ahead with crypto payment, the consumers require to download the application of Binance as well as go to the website of ANC.

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Following selecting a product for an online order, customers will be permitted to recompense using Binance Pay and take the order at the location of their preference. Binance has been dynamically widening its span in Ukraine during some of the previous years. In 2022’s September, the crypto exchange started a collaboration with Varus (a supermarket chain in Ukraine.

This partnership permitted the consumers to recompense for grocery buyouts via its Binance Pay Wallet. Back in 2022’s February, only a few weeks before the invasion of Russian forces into Ukraine, the Ukraine-based general manager of Binance – Kirill Khomyakov – made an announcement. As per the spokesperson, the company was introducing a Binance Card that would operate in Ukraine as included in the top priorities of the crypto exchange for 2022.

In the words of Khomyakov, the crypto payments through Binance Card and other services are in line with the laws implemented in the Ukrainian jurisdiction. Khomyakov mentioned that the country’s laws do not put any prohibition on the transfers driven by crypto assets. Simultaneous to this, the native legislation of Ukraine does not permit straight payments carried out the crypto assets such as Bitcoin.

Crypto assets have played a significant role during the ongoing battle in Ukraine. As a means of rapid payments delivered to the organizations working in Ukraine, the crypto assets have provided substantial facilities. In this way, the airdrops and other such utilities have been utilized to serve a large span of audience additionally.

Binance has proved to be the prominent blockchain ecosystem that also provides an infrastructure for crypto assets. The platform also offers a financial product package that takes into account the biggest exchange of digital assets in terms of volume. The forum of Binance targets at enhancing the financial freedom of the customers. It provides a wide-ranging portfolio including crypto asset-related offerings and products.

Binance Announces Delisting SHIB and ETH Trading Pairs

The crypto exchange covers topics taking into account finance, trading, education, research, incubation, investment, social good, decentralization, as well as infrastructure solutions. Most recently, the leading crypto exchange has declared that it will remove and cease trading for certain pairs of spot trading. The respective pairs include DAR/ETH, CELR/ETH, ASTR/ETH, ALPHA/BNB, and SHIB/GBP.

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Nathan Ferguson

By Nathan Ferguson

Nathan Ferguson is a talented crypto analyst and writer at Herald Sheets, dedicated to delivering comprehensive news and insights on the ever-evolving digital currency landscape. With a strong background in finance and technology, Nathan's expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments.