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Ukraine launches website for cryptocurrency donations

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A person walks past posters supporting Ukraine on Monday in Los Angeles, California, US. 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.(AFP photo)

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.

“Cryptocurrency assets have proven to be extremely valuable in facilitating the flow of funding to Ukrainian citizens and…

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