Which CEX halted Ukraine card withdrawals?

TLDR

Binance halted Visa/Mastercard card withdrawals for users in Ukraine.

1. The pause is linked to changes with its fiat provider Bifinity UAB per media confirmations (Cointelegraph).
2. Scope is limited to Ukrainian users who used Bifinity; alternatives like SWIFT and P2P remain available (CryptoNews).

Deep Dive

1. The Exchange

Binance is the centralized exchange that paused direct withdrawals to Visa/Mastercard cards for Ukrainian users. Multiple reports confirm the change took effect around Dec 2930, and was communicated via in?app notices and a spokesperson confirmation to media (Cointelegraph, CryptoNews).

2. Reason And Scope

The pause is tied to Bifinity UAB exiting fiat services amid regulatory changes, and applies specifically to Ukrainian users who relied on Bifinity for card processing (Cointelegraph, Finance Magnates). Reports characterize the change as temporary during partner transitions.

3. Alternatives And Impact

Media note that SWIFT bank transfers and peer?to?peer trading remain available, while incoming payments via cards can still function in some cases; but direct card withdrawals are paused for the affected users (Cointelegraph, CryptoNews). Some services (like Zen.com) may resume after early January per coverage, indicating a staggered restoration.

Conclusion

The centralized exchange that halted Ukraine card withdrawals is Binance. The change stems from a fiat?provider transition (Bifinity) and currently affects card off?ramps, not core crypto access. Near term, Ukrainian users should expect to rely on SWIFT and P2P while Binances payment rails are reconfigured.