LONDON, UNITED KINGDOM - 2022/02/27: A protester holds a placard during the demonstration. Thousands of Ukrainians and their supporters gathered at Trafalgar Square to protest Russian invasion of Ukraine. They demanded the World to support and help Ukrainians to fight against the Russian troops.Hesther Ng/SOPA Images/LightRocket via Getty Images Crypto donations have helped to fund Ukraine's military defense more quickly and efficiently, a minister said. Transactions go through in minutes, rather than days as in the banking system, Alex Bornyakov said. The funds have been used to buy military-grade rations and bulletproof vests, he said Monday. Cryptocurrency donations to Ukraine are proving an effective way to fund the country's forces in its war with Russia, one of its top ministers has said.Ukraine's government has used the million of dollars in bitcoin and other cryptocurrency raised to buy protective gear and food, according to Alex Bornyakov, deputy minister of digital transformation."I can't tell, because it's an ongoing war, exactly what we bought," Bornyakov said on a Twitter Space discussion Monday."So far, we purchased 400,000 military grade rations for our army, because they really need this food.

 

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