Finnish government has decided to sell the bitcoins confiscated by the Finnish Customs, and donate at least part of the proceeds to Ukraine. The current value of bitcoins and other cryptos is 70 million euros, and donating even a part of the value would significantly increase the Finnish monetary support to Ukraine, since the current amount is 14 million euros. According to two sources that are close to the negotiations, “a significant part of the proceeds will go towards Ukraine”.
Why not just donate bitcoin without selling it?
Sorry if this is a stupid question, I’m a noob when it comes to crypto
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Summary of the article in English:
Finnish government has decided to sell the bitcoins confiscated by the Finnish Customs, and donate at least part of the proceeds to Ukraine. The current value of bitcoins and other cryptos is 70 million euros, and donating even a part of the value would significantly increase the Finnish monetary support to Ukraine, since the current amount is 14 million euros. According to two sources that are close to the negotiations, “a significant part of the proceeds will go towards Ukraine”.
Why not just donate bitcoin without selling it?
Sorry if this is a stupid question, I’m a noob when it comes to crypto