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Binance Charity’s Humanitarian Initiative in Vietnam

Binance Charity’s Humanitarian Initiative in Vietnam

Published:
2025-11-28 16:01:28
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In a significant demonstration of corporate social responsibility within the cryptocurrency sector, Binance Charity has made a substantial $200,000 donation to support flood relief efforts in central Vietnam. The severe flooding that struck the region in November displaced thousands of families, causing widespread destruction to homes and livelihoods. This humanitarian crisis prompted immediate action from the philanthropic arm of the world's leading cryptocurrency exchange. The formal handover ceremony took place on November 21st in Ho Chi Minh City, where Binance Charity representatives presented the relief funds to the Vietnam Fatherland Front Central Committee. This organization serves as a crucial coordinating body for social and charitable activities throughout Vietnam. The donation is specifically earmarked for both immediate relief operations and long-term reconstruction projects, addressing the urgent needs of affected communities while supporting sustainable recovery. Vice President Nguyễn Hải Nam publicly acknowledged and praised Binance's swift response and generous contribution, highlighting how such corporate partnerships play a vital role in complementing government efforts during natural disasters. This initiative represents more than just financial assistance—it showcases the growing role of cryptocurrency organizations in global philanthropy and disaster response. The timing of this donation is particularly significant as it demonstrates the crypto industry's capacity for rapid mobilization and meaningful social impact. This charitable act aligns with Binance's broader commitment to leveraging blockchain technology for social good, while also helping to improve public perception of cryptocurrency companies as responsible corporate citizens. The $200,000 contribution will directly support vulnerable populations in rebuilding their lives and communities, serving as a powerful example of how digital asset companies can make tangible differences in traditional humanitarian contexts.

Binance Charity Donates $200,000 for Vietnam Flood Relief

Severe floods in central Vietnam displaced thousands of families in November, destroying homes and livelihoods. Binance Charity, the philanthropic arm of the cryptocurrency exchange, stepped in with a $200,000 donation to support relief and reconstruction efforts. The funds were formally handed to the Vietnam Fatherland Front Central Committee in Ho Chi Minh City on November 21st.

Vice President Nguyễn Hải Nam praised Binance’s solidarity, citing the Vietnamese proverb 'Solid leaves protect torn leaves' to underscore communal resilience. The aid aims to accelerate recovery in devastated regions.

Binance’s Asia-Pacific President, Seker SB, emphasized the organization’s commitment: 'Our hearts are with affected communities. This assistance is meant to alleviate suffering and empower rebuilding.'

Binance and CZ Face Lawsuit Over Alleged Hamas Ties

More than 300 Americans—survivors and relatives of victims from the October 7 Hamas attack—filed a federal lawsuit in North Dakota accusing Binance, founder Changpeng Zhao, and executive Guangying 'Heina' Chen of facilitating over $1 billion in transactions that allegedly benefited Hamas and other militant groups. The complaint claims Binance 'knowingly enabled' terrorist financing, with $50 million moving post-attack.

The plaintiffs argue Binance's infrastructure allowed opaque fund flows, bypassing traditional financial scrutiny. This case follows Binance's 2023 $4.3 billion settlement with U.S. regulators for anti-money laundering violations, now compounded by accusations of materially supporting terrorism.

Binance Removes Four Underperforming Trading Pairs in Liquidity Review

Binance, the world's largest cryptocurrency exchange, will delist four spot trading pairs—BMT/FDUSD, GMT/BTC, ME/BTC, and TOWNS/FDUSD—effective November 28, 2025. The decision follows routine liquidity and volume assessments, part of the platform's efforts to maintain market quality.

While the pairs will be discontinued, assets like BMT coin remain tradable under other pairings. Binance also warned users to update or terminate Spot Trading Bot services tied to these pairs to prevent losses.

The MOVE reflects Binance's monthly review policy, which systematically eliminates underperforming pairs to optimize its trading ecosystem.

Binance Integrates Stock Trading via Blockchain Tokenization

Binance has launched a pioneering 'Stocks' feature within its app's Markets tab, enabling tokenized equity trading. The platform now displays real-world stocks like Amber (AMBRx) and CMG as blockchain-tracked assets with 1:1 parity to traditional markets. Sections for top gainers, tech stocks, and crypto-linked firms create a unified interface merging traditional and digital asset investors.

This move signals Binance's strategic push to bridge traditional finance with blockchain infrastructure. Tokenized stocks appear as 'xStock' or 'Ondo Tokenized' variants, with Amber notably surging 21.63% at launch. The integration reflects growing institutional demand for on-chain exposure to conventional assets.

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