Ukrainian deputy minister praises role of crypto in his country’s plight, explains canceled airdrop!

Yuvi
Yuvi
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As the Ukrainian humans endure the continued Russian invasion, assistance has been coming from everywhere in the world, along with withinside the shape of crypto donations. Ukraine’s Deputy Minister of Digital Transformation Alex Bornyakov has praised the position that cryptocurrencies performed in supporting his country.

Ukraine Deputy Minister

Mr Bornyakov mentioned cryptocurrency donations and different crypto-associated subjects at some stage in communication at Yahoo Finance Live on March 7.

Emphasizing the significance of short reaction instances in moments inclusive of these, he argued that the conventional banking structures have been too gradual to offer the specified financing for the army and humanitarian aid.

“After careful consideration, we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We do not have any plans to issue any fungible tokens,” Fedorov tweeted on Thursday.

Ukraine

The Deputy Minister of Digital Transformation also cited the technical difficulties in carrying out such an immense task, rendering it “almost impossible.” However, he did not exclude the possibility of organizing an airdrop at some point in the future.

On his Twitter profile, Bornyakov also wrote that his ministry turned into growing a criminal framework that could permit crypto corporations to perform extra without difficulty in Ukraine.

READ MORE: SHIBA INU PAYMENTS NOW ACCEPTED BY AUSTRALIAN ENERGY COMPANY 1ST ENERGY.

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