Technology

Ukraine receives more than 30 millions in Crypto Donations

The leaders of Ukraine made an announcement that their country was accepting donations in the form of crypto currency in a desperate attempt to support its military defense against Russia. The country has so far gathered more than 30 million worth of bitcoin, ethereum and USDT.  Ukraine has emerged as one of the many countries in recent years that conduct a lot of trade using crypto currency. Ukraine also recently passed a law that legalizes and regulates the use of crypto currency within the country.  Many economists believe it’s a smart move as there are many advantages to raising money this way. Unlike any other traditional aid from other nations or NGO's, deposits made directly into the country's crypto account can be spent quickly without any restrictions or delay.






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