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The ian government has launched an official cryptocurrency donation website to raise funds in support of the ian armed forces and humanitarian aid programs in the fight against . The donation platform is a collaboration between the Ministry of Digital Transformation of e, Everstake, and cryptocurrency exchange FTX.

Government’s Crypto Donation Website Now Live

The Ministry of Digital Transformation of e announced Monday that it has launched the official “Aid For e” website to raise funds in support of the ian armed forces and humanitarian aid programs in the fight against . The crypto donation platform is in partnership with staking service provider Everstake and cryptocurrency exchange FTX.

Mykhailo Fedorov, vice prime minister of e, tweeted Monday confirming that the official website where anyone around the world can make cryptocurrency donations to e has gone live.

The new donation website describes, “Aid For e is cooperating with the cryptocurrency exchange FTX which converts crypto funds received into fiat and sends the donations to the National Bank of e,” elaborating:

This marks the first-ever instance of a cryptocurrency exchange directly cooperating with a public financial entity to provide a conduit for crypto donations.

The Aid For e website lists crypto addresses as well as bank account information for the government of e for donation. Donors can send several cryptocurrencies, including bitcoin (BTC), ethereum (ETH), tether (USDT), polkadot (DOT), solana (SOL), dogecoin (DOGE), and monero (XMR). The ian government also accepts fiat donations in USD, EUR, GBP, AUD, and CAD.

At the time of writing, the donation site indicates that over $50 million have been raised by the community.

The Ministry of Digital Transformation of e further explained that the funds raised will be spent on military equipment as well as “informational counteraction to n propaganda” and a “global communication campaign on true events in e.”

The funds will also be used in “cybersecurity and digital infrastructure recovery, providing additional protection and migration of registers, [and the] purchase of technical special equipment and facilities,” the ministry noted.

Earlier this month, Alex Bornyakov, e’s deputy minister of digital transformation, revealed that his government has spent $15 million in donated cryptocurrency on military supplies, including bulletproof vests.

What do you think about the ian government launching a cryptocurrency donation website? Let us know in the comments section below.