Open Japan, a firm focused on providing volunteer services such as the clean-up of dirt and soup-runs for affected individuals, offered a donation for the cause. Following the donation, a representative commented:

“It wasn’t difficult to get our account set up, and once everything was ready Binance contacted us to proceed with the donation. It was carried out instantly, and after confirming the transfer we were able to convert it to Japanese yen. Receiving this donation left us with a deep impression of cryptocurrency: both its growing effect on our world and its potential.”

Changpeng Zhao, the Binance CEO, commented earlier this month, saying that he “hoped others would follow” his charitable approach to donate the company’s listing fees to charity. As reported, the exchange stated:

“Project teams will still propose the number they would like to provide for a “listing fee,” or now more appropriately called a “donation.” Binance will not dictate a number, nor is there a minimum required listing fee.”

If humanitarian initiatives can gain more traction in the blockchain and cryptocurrency industry, it might result in the quicker adoption of the concepts.