Ukraine Brings Crypto Donation to Buy 5,550 Bulletproof Vests, 500 Helmets, and More

When millions of dollars flow into Ukraine The country has changed such donations to Bulletproof vests, packed lunches, pills, and other military supplies.

Ukraine’s Deputy Minister for Digital Transformation Alex Bornyakov has released a list of items purchased since March 1 using funds generated from crypto donations, including 5,550 bulletproof vests, 410,000 packed lunches and a helmet. 500 helmets

“Crypto assets have proven to be very useful in facilitating funding to the Ukrainian Amed (sic) forces,” said Bornyakov, who led the country’s efforts in the field of crypto assets. cryptocurrency said

$100 million worth of cryptocurrency has been donated since Ukraine’s first donation was revealed. In addition to the different types of digital coins, governments have also received NFT tokens such as CryptoPunk #5364, which were sold for tens of thousands of dollars last year.

Bornyakov told Bloomberg it had spent at least $15 million in donations last Friday. by the minister alsoTell CoinDesk that some weapon sellers Direct payments in crypto are also accepted.

“Obviously we cannot buy nuclear bombs or rockets,” said Michael Chobanian, chief executive of Kuna.io, a Ukrainian exchange that helps the government handle crypto donations.with the Washington Post

After the Russian forces moved into Ukrainian territory. Government officials have also called for digital currency donations and posted the wallet address on social media. and in the midst of economic sanctions against Russia from many countries The Ukrainian leader has also been trying to pressure crypto exchanges to ban Russian accounts.

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