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Crypto in Ukraine | Alex Bornyakov, Deputy Minister of Digital Transformation of Ukraine

Bankless

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Crypto Resilience in Ukraine's War

This chapter explores the challenges and resilience of Ukrainians amidst the ongoing war, highlighting their strong sense of unity and determination. It discusses the innovative use of cryptocurrency as a vital tool for fundraising and support, resulting in over $60 million raised for the armed forces during a time of crisis. The narrative illustrates the positive shift in perception of crypto and its critical role in facilitating financial transactions when traditional banking systems failed.

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