The government of Finland might donate as much as $77 million worth of bitcoin to Ukraine.
The Finish government will reportedly donate some of its seized bitcoin holdings to support Ukraine’s efforts in its war with Russia. Over the years, the Scandinavian country has confiscated nearly $77 million worth of BTC from bad actors.Despite its on and off moments, the Russia-Ukraine war seems nowhere near its end. Unlike most conflicts in the past, the two sides confront each other without the direct military help of allies.
“Of course, no universal money is earmarked that way. But here, as if mentally, this money from bitcoins is earmarked so that it can be used to support Ukraine,” a government official stated.
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