A large Ukrainian pharmacy chain allows Bitcoin payments

[ad_1]

ANC Pharmacy enables bitcoin payments via Binance Pay at over 1,000 locations across Ukraine.

One of Ukraine’s largest pharmacy chains, ANC Pharmacy, has partnered with Binance to enable bitcoin and cryptocurrency payments across all of its sites. With over 1,000 stores across the country, it is one of the largest bitcoin payment implementations in Europe.

Access to contactless payments will initially only be available at locations in Kyiv, according to an official statement. In order to use bitcoin to pay for orders starting January 3, customers will need to download the Binance app, then complete their purchase on the ANC website with Binance Pay, before picking up their order in store.

This is not the first time that Binance has partnered with a Ukrainian chain to accept bitcoin payments. Previously, Binance worked with grocery chain VARUS to enable cryptocurrency payments in their stores. Binance also offered a crypto refugee card to Ukrainians forced to leave their country following the war with Russia in April 2022.

As the war and other recent world events have shown, it is increasingly important to have a sovereign currency that is easily transportable and not tied to any particular country, and educating people about bitcoin in that region is a vital objective. A Bitcoin Core developer using technology to help facilitate aid in the region has demonstrated Bitcoin’s effectiveness in situations like the one Ukrainians are facing. Human Rights Foundations Chief Strategy Officer Alex Gladstein also illustrated the impact Bitcoin was having on the region in May 2022.

Bitcoin Magazine has its own Ukrainian branch, which contributes to our mission to spread Bitcoin adoption across the globe, including the Eastern Europe region.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

[ad_2]