Ukraine Expands Crypto Donations to Accept Dogecoin

2 years ago

Ukraine said it would present judge cryptocurrency donations successful dogecoin (DOGE) from supporters of the struggle with Russia – and tagged the billionaire and DOGE promoter Elon Musk successful the tweet announcement.

Mykhailo Fedorov, Ukraine’s vice premier curate and curate of integer transformation, tweeted the quality connected Wednesday morning, on with the country’s authoritative DOGE wallet address successful an effort to solicit donations successful the dog-themed cryptocurrency.

“Now adjacent meme tin enactment our service and prevention lives from Russian invaders,” tweeted Federov.

Ukraine has ramped up its cryptocurrency donation efforts successful caller days, adding SOL and DOT donation addresses successful summation to DOGE. Only bitcoin (BTC), ether (ETH) and tether (USDT) were included successful the initial announcement by Ukraine accepting cryptocurrency donations.

The vice premier curate noted that the terms of DOGE (approximately $0.13 astatine property time) “exceeded” the terms of 1 Russian ruble (approximately $0.009 USD astatine property time), successful an evident excavation astatine Russia.

In the tweet, Federov tagged Musk, the billionaire CEO of electric-vehicle shaper Tesla, who has spoken favorably of DOGE successful the past and described himself arsenic "The Dogefather" successful a tweet leading up to his "Saturday Night Live" hosting gig past year. Federov besides tagged Billy Markus, the creator of Dogecoin, who goes by the pseudonym Shibetoshi Nakamoto.

Dogecoin laminitis Markus responded to Federov via a tweet saying helium had personally “sent some” DOGE arsenic a donation.

“Dogecoin folks aren’t usually affluent and dogecoin itself is mostly utilized for tiny transactions, but we are a caring and passionate bunch,” tweeted Markus. “Those who privation to assistance volition connection what they tin ~ I anticipation the state tin heal and rebuild stronger aft each of this.”

At property time, Ukraine’s authoritative DOGE wallet had received implicit 300 donations totaling astir 272,000 DOGE, oregon $35,360.

The astir commonly donated amount? 420 DOGE.

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Tracy Wang is simply a elder newsman astatine CoinDesk. She owns BTC, ETH, MINA, ENS, assorted stablecoins, and immoderate NFTs.


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