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The Independent UK
The Independent UK
National
Sofia Barbarani

Ukraine capitalises on cryptocurrency craze to fundraise for war effort

AFP via Getty Images

Mykhailo Fedorov was just 28-years-old when he was appointed head of Ukraine’s newly-established Ministry of Digital Transformation in 2019 and tasked with leading the country’s paperless revolution.

Little did he know that less than three years down the line, Russia’s invasion of Ukraine would throw the country into disarray, put the banking system at risk, and prompt the young minister to call for the immediate legalisation of cryptocurrency.

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