COINOTAG News, citing official sources, reported on November 27 that Binance will donate HK$10 million to support relief and reconstruction efforts in Heng Fa Chuen after the recent fire in Hong Kong.
The funds will be channeled through established disaster relief programs to aid housing reconstruction and community recovery, with independent oversight to ensure timely delivery and transparent accountability for residents affected by the incident.
This donation highlights the growing involvement of crypto firms in civic resilience, reflecting a pragmatic approach to social impact within a high-risk urban environment.