How Cryptocurrency Is Helping Ukraine

Critics have claimed that cryptocurrency will help Russia evade sanctions, or at best that it’s of no use to Ukrainians. In fact, it’s proving to be a powerful tool to help them.

I’ve worked in the blockchain industry for four years, and I’m Ukrainian. I grew up and attended university in Kharkiv, the second-largest city in Ukraine and one of the hardest-hit by Russian bombs. I’m one of several organizers of Unchain Fund, a crypto fundraising project dedicated to relief in Ukraine that has raised more than $6.9 million so far, as well as Away from Ukraine, an information network for displaced Ukrainians.