Ukraine launches website for cryptocurrency donations
Categories: Crypto News
The Ukrainian government on Monday launched a website in partnership with crypto-firms FTX and Everstake that will funnel donations to Ukraine's central bank as it combats a devastating invasion by Russia. On the "Aid for Ukraine" website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin."Cryptocurrencies play a significant role in Ukraine's defense," Oleksandre Borniakov, Ukraine's deputy minister of Digital Transformation, said in a statement and Ukraine launches website for cryptocurrency donations.
"Cryptocurrency assets have proven to be extremely valuable in facilitating the flow of funding to Ukrainian citizens and soldiers and in raising awareness and interest among the global public," he added. The crypto firm Everstake, one of the largest in Ukraine, will allow users be able to make donations in other cryptocurrencies than those listed on the site. The site also plans to add the ability to donate non-fungible tokens (NFTs) in the future. Bahamas-based exchange platform FTX, founded by US billionaire Sam Bankman-Fried, will convert the donated funds into dollars and route them to the National Bank of Ukraine.
The Ukrainian government on Monday sent off a site in organization with crypto-firms FTX and Everstake that will pipe gifts to Ukraine's national bank as it battles a staggering attack by Russia and Ukraine launches website for cryptocurrency donations. On the "Help for Ukraine" site, clients can presently offer gifts in 10 digital currencies, including Bitcoin, ether, tie and dogecoin.
"Cryptocurrencies forms of money assume a huge part with all due respect," Oleksandre Borniakov, Ukraine's delegate priest of Computerized Change, said in an explanation. Cryptographic money resources have demonstrated to be very important in working with the progression of financing to Ukrainian residents and troopers and in bringing issues to light and premium among the worldwide public," he added.
The crypto firm Everstake, one of the biggest in Ukraine, can permit clients make gifts in other digital forms of money than those recorded on the site. The site likewise plans to add the capacity to give non-fungible tokens (NFTs) in the future and Ukraine launches website for cryptocurrency donations. Bahamas-based trade stage FTX, established by US tycoon Sam Bankman-Seared, will change over the gave assets into dollars and course them to the Public Bank of Ukraine.
The Ukrainian cryptocurrency trade stage Kuna is likewise essential for the initiative. On the "Help for Ukraine" site, a tracker showed that by 0230 GMT Tuesday, nearly $49 million had been raised out of an objective of $200 million. The cash will be utilized to help the Ukrainian military as well as regular people "needing compassionate help," the organization said in the explanation and Ukraine launches website for cryptocurrency donations.