Haider Jamal

Feb 27, 2022

Ukraine officially accepting Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) contributions

Ukraines government has officially begun accepting Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) contributions to help them against the Russian forces and to survive the continuous onslaught.

The governments official Twitter page, as well as the Vice Prime Ministers, have hence both posted public addresses for individuals to donate in BTC, ETH and USDT in order to help with military and humanitarian efforts in the country.

In related news, The National Bank of Ukraine has instructed e-money issuers to halt issuance and replenishment of electronic wallets. The ruling additionally stated that e-money distribution was temporarily prohibited until further notice. In this case, the term e-money most likely refers to fiat currency maintained in digital accounts via services such as PayPal and Venmo.

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