Where does the river of crypto donations for Ukraine flow?
With the outbreak of hostilities in Ukraine, the authorities in Kyiv began to actively raise funds for the country’s defense. Foreign states responded to the call, as well as individuals and companies. Almost every European who sympathized with Ukraine started sending donations, and cryptocurrencies have become one of the most convenient means of doing this. The anonymity and ease of transactions of Bitcoin, Ethereum and other digital assets have made cryptocurrencies an ideal means for citizens of various countries willing to assist Ukraine. Four months later, Ukraine had already received more than $100 million sent in from all over the world. However, the government has not yet reported on how this money has been spent, and will hardly do this any time soon.
