Crypto in a crisis: How is cryptocurrency helping the people of Ukraine? | 11:FS Explores



Shortly after the Russian invasion began, millions of dollars worth of cryptocurrency donations started pouring in to help the people of Ukraine.

But this has brought up many questions:
– What are the benefits of donations in crypto vs traditional money?
– How can we be sure that donations are going to the right place?
– Can the money be exchanged from crypto to traditional currency?
– Can Russia use the same blockchain tech to avoid sanctions?

Our Global Strategy Director for Crypto, Maurício Magaldi, explains the role that cryptocurrencies can play in a humanitarian crisis.

#Crypto #fintech


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