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Seeking Alpha 2022-03-16 19:41:17

Ukraine War Update: Zelensky legalizes crypto as $100M of donations pour in

Here are the latest headlines in the Russia-Ukraine crisis: Ukrainian President OKs Crypto as Donations Roll In Ukrainian President Volodymyr Zelensky signed legislation Wednesday to legalize cryptocurrency within the embattled country at a time when the nation has received some $100M in crypto donations from around the world to help fight off Russia’s invasion. Kiev’s Ministry and Committee for Digital Transformation of Ukraine wrote in a blog post that the move means foreign and Ukrainian cryptocurrencies exchanges “will operate legally, and banks will open accounts for crypto companies.” Biden Promises More Weapons Assistance President Joe Biden promised more arms for Ukraine in the latest $800M assistance package, which includes: 800 anti-aircraft systems, 9,000 anti-armor systems, 7,000 small arms, 20 Million rounds, unmanned aerial systems. "The assistance will take the form of direct transfers of equipment from the Department of Defense to the Ukrainian military," the White House said. Russia, Ukraine

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