Binance Charity has donated $3 million to the Spanish Red Cross (Cruz Roja Española) to help with the recent floods in Valencia. The funding will support immediate relief efforts and help communities affected by the natural disaster. In the past, the cryptocurrency community has provided disaster relief, such as donations to the Italian Red Cross and Turkey after they were devastated by earthquakes and COVID-19.
Binance has also previously provided disaster relief, donating to Ukrainian humanitarian projects and giving $1.5 million worth of BNB to Binance users in Central Europe areas affected by floods.