As Ukraine crowdsources millions of dollars worth of digital currency to fund its defense against Russia, the nation’s early adoption of crypto appears to be paying dividends.
Ukraine’s government has so far raised more than $13 million worth of bitcoin and other tokens, according to data from Elliptic. “Stand with the people of Ukraine,” tweeted Mykhailo Fedorov, the country’s vice prime minister and minister of digital transformation. “Now accepting cryptocurrency donations. Ethereum. Bitcoin and Tether (USDTtrc20).”