Ukraine’s deputy prime minister and minister of digital transformation, Mykhailo Fedorov, tweeted the name Aid for Ukraine today. cryptocurrency Thank you to those who donated to the charity.
Ukrainian Minister Thanked Crypto Money Donors
Fedorov used the following statements in his statement:
“Long live cryptocurrencies. Aid for Ukraine continues to work for soldiers at the front. For bulletproof vests, 200 sets of 4 class ballistic plates were sent. With the soldiers better equipped, Ukraine’s victory will come sooner.”
Just days after Russia’s invasion of Ukraine, the Ukrainian government authorized the DAO, Aid for Ukraine. The DAO collaborated with blockchain service Everstake and crypto exchange FTX to raise cryptocurrencies for the defense of Ukraine.
Crypto for good. @_AidForUkraine continues its work for the frontline heroes: 200 sets of ballistic plates of 4 class for bulletproof vests have been sent. The better equipped soldiers — the sooner day of Ukrainian victory. pic.twitter.com/2LisXTUuKq
— Mykhailo Fedorov (@FedorovMykhailo) April 17, 2022
According to the information in the Financial Times, when Fedorov requested the preparation of official government wallets that will accept crypto assets, the authorities came up with a hasty plan, and with the developments that followed, they broke up with each other. Bitcoin, Ethereum, Tether, Solana and of dogecoin Aid for Ukraine website was established, where nine crypto assets, including
The Ukrainian government has announced that more than half of the more than $100 million raised so far has been used for bulletproof vests, food for soldiers, helmets and medical supplies.
It is stated that the crypto donations in question are used only for the purchase of non-lethal equipment so that the Ukrainian authorities do not prevent future donations.
*Not investment advice.