CRYPTO FOR UKRAINE PROVIDES A FLOW OF WAR-RELATED ASSISTANCE
Ukraine, which has waged a staunch defense against Russian invasion, says it has pioneered a new source of financial support: People around the world who have donated millions of dollars directly to its war effort via cryptocurrencies such as bitcoin.
Since Feb. 26, when Ukrainian officials began tweeting calls for cryptocurrency donations, the Ukrainian government says it has taken in almost $67 million of its $200 million goal as of last weekend. “Today, crypto is playing a significant role in Ukraine’s defense,” Alex Bornyakov, the country’s deputy minister for digital transformation, wrote on the nation’s donation website.
Ukraine has spent about $34 million of
