Binance Charity has announced a donation of $150,000 to Alkhidmat Foundation to aid flood relief efforts in Pakistan. The funds are designated for providing food, hygiene kits, clean water, and emergency shelter to families affected by the floods in Khyber Pakhtunkhwa and Punjab.
The partnership between Binance Charity and Alkhidmat Foundation aims to deliver urgent assistance to communities severely impacted by the disaster. Shoaib Hashmi, Head of PR at Alkhidmat Foundation, expressed gratitude for Binance's support. "Partnerships like this ensure we can respond quickly and effectively to help the communities rebuild their lives," he said.
Humza Khan from Binance highlighted the importance of collaboration during such crises. "Our thoughts are with everyone affected by the devastating floods," he said. The organization hopes its contribution will provide immediate relief and assist families in rebuilding their lives.
Bilal Bin Saqib, Chairman of Pakistan Virtual Assets Regulatory Authority (PVARA), emphasized the role of cryptocurrency in delivering aid swiftly and transparently during emergencies. He noted that crypto is paving the way for technology as a force for humanity.
Since 2018, Binance Charity has donated over $40 million globally, reaching millions across various countries. This initiative reflects their commitment to supporting communities in need through innovative solutions like cryptocurrency.
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