Government of Ukraine Accepting Crypto Donations As War With Russia Rages

The Ukrainian government has announced that it will begin accepting cryptocurrency donations amidst the ongoing war with Russia that ignited earlier in the week.

According to a tweet published by the official Twitter account of Ukraine, the embattled country will be accepting cryptoasset donations in the form of Bitcoin ($BTC), Ethereum ($ETH) ,and USDT. The tweet included accompanying addresses for those looking to donate to the nation’s efforts to resist Russian invasion, including support for civilians and the military.

In addition, Vice Prime Minister of Ukraine — Mykhailo Fedorov — took to Twitter to ask for support for the people of Ukraine, publishing wallet addresses for donations in crypto.

While there was some initial concern that the posts may have constituted a scam, Ethereum co-founder Vitalik Buterin shared a tweet claiming that the crypto donation addresses had been confirmed by Ukrainian Ambassador Olex Scherba.

Buterin had previously issued a warning to the crypto community to be wary of sources asking for donations to support Ukraine that were not affiliated with the official addresses. 

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

Image Credit

Featured Image by “Geralt” via Pixabay.com