Ethereum co-founder Vitalik Buterin donated 700 Ether coins to Ukraine, which has been at war with Russia since February 24. The Aid For Ukraine, an initiative of the crypto community that collects and tracks donations during the war, revealed this development, otherwise Buterin remained silent about his gesture.
Currently, 700 ETH is almost 2.5 million dollars. Earlier this month, a Russian-born Canadian programmer also transferred the same amount of money to another Ukraine-focused charity project called 'Unchain'.
Thank you for your great help, Vitalik, and thank you for creating Ethereum..Aid For Ukraine tweeted
On March 17, President of Ukraine Volodymyr Zelensky signed the law on virtual assets, which legalizes cryptocurrencies in the country. Crypto exchanges and companies dealing with digital assets must register with the government in order to work legally in Ukraine, and banks are allowed to open accounts for crypto companies.
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