Donations in crypto
Ukraine anticipates doubling the $50 mn of crypto donations it received so far in the next two or three days. Ukraine has already spent $15 million of the donations on military supplies, a senior minister said. Most of the donations have been in Bitcoin and Ether.
The 250-person ministry has managed to find suppliers in Europe and the U.S. The supplies include everything from the vests to food packages, bandages, and night-vision devices for the army. About 40% of the suppliers are willing to take crypto. The rest are typically paid with crypto converted into euros and dollars.