The exchange said it will route aid through domestic NGOs and prioritize users in areas covered by Japan’s Disaster Relief Act, while JPYC explores crypto-denominated donations.
Binance Japan said it will donate a total of ¥10 million to support areas affected by the July 28 Kumamoto earthquake. The company is arranging contributions to domestic NGOs active in the region and said it will prioritize inquiries from users living in areas covered by the Disaster Relief Act. Separately, JPYC President Noritaka Okabe is asking the Financial Services Agency (Japan financial regulator) about a mechanism that would allow donations in JPYC and USDC, convert those funds into yen, and pass them on to local governments or the Japanese Red Cross Society. The move points to a broader effort to connect crypto-linked payment rails with disaster relief, while keeping final distributions in local currency for established aid channels.