The Ukrainian government launched a website in partnership with FTX and Everstake that will direct donations to Ukraine’s central bank. On the “Aid for Ukraine” website, users can donate in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin.
“Cryptocurrencies plays an important role in Ukraine’s defence. Crypto assets have been precious in easing the flow of funding to Ukrainian citizens and soldiers and in increasing awareness and interest among the global public,” Oleksandre Borniakov, Ukraine’s Deputy Minister of Digital Transformation, said in a statement.
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Crypto firm Everstake will allow users to make donations in cryptocurrencies other than those listed on the site. The site also wants to add a feature to donate non-fungible tokens (NFTs) in the future. FTX will convert the donated funds into dollars and direct them to the National Bank of Ukraine. The site has already raised over $49 million out of a goal of $200 million.
