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Ukraine's Defense Ministry decides where crypto funds are spent

2022/03/01 13:25

According to Coindesk, Ukraine's Defense Ministry is deciding on the allocation of donated crypto funds, said Michael Chobian, the founder of Ukrainian exchange Kuna. The Ukraine government has not revealed where the funds are getting spent "due to a level of secrecy involved" but insisted that it is transparent thanks to blockchain technology. Ukraine's Defence Minister Oleksii Reznikov is aware of how the funds are being allocated because he is the one giving the orders, according to a person familiar with the process. Details will have to be revealed by the government, the person said.
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