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Top Ukrainian official: Crypto donations to Ukraine spent on bulletproof vests and rations

Mar, 08, 2023 Hi-network.com

Ukraine has been using donated cryptocurrencies to purchase military equipment and food, stated Deputy Minister of Digital Transformation Alex Bornyakov. A key reason that Ukraine has decided to receive cryptocurrencies is the speed with which transactions are performed, unlike the traditional banking system, which takes up to three days to transfer funds.

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