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Ukrainian police are now seeking crypto donations

Ukrainian police are now seeking crypto donations

Ukrainian police seeks donations for their National Police, National Guard, State Border Guard Service, and State Emergency Service

After the Ukrainian government and Come Back Alive NGO, the Ukrainian police is also seeking crypto donations from the world. In a tweet posted on Sunday, the Ukrainian Cyberpolice asked the world for donations in cryptocurrencies to support their cause.

The law enforcement organisation has made various cryptocurrency addresses public and is now taking donations in Bitcoin (BTC), Ether (ETH), USDT Teter (USDT), Tron (TRX), Polygon (MATIC), and Binance exchange token (BNB). It claims to have begun the initiative in response to Ukraine's introduction of martial law.

The tweet claims that the tokens collected will benefit the National Police, National Guard, State Border Guard Service, and State Emergency Service. Additionally, the funds will be used to purchase medicine and other necessities, as well as to offer medical care to victims of Russia's attacks.

Since the Russian invasion, Kyiv's authorities have sought financial assistance in a variety of ways. The government has been highly successful in raising finances through cryptocurrency donations, having already received $60.5 million in Bitcoin, Ether, USDT Tether and other cryptocurrencies such as Polkadot and Dogecoin. Additionally, cryptocurrency donations have also helped finance volunteer groups like Come Back Alive.

Cryptocurrency donations were also raised via a Decentralised Autonomous Organization, UkraineDAO which raised $ 6.5 million by auctioning the NFT of the Ukrainian flag.

 

Also Read: Singapore blocks all crypto transactions with Russia

Also Read: Ukrainian media uses NFTs to raise funds

Published on: Mar 09, 2022, 5:09 PM IST
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