Ukraine Is Buying Bulletproof Vests and Night-Vision Goggles Using Crypto Some of Ukraine’s weapons suppliers are accepting payments directly in crypto, a senior official told CoinDesk Monday.To get more news about bulletproof zone, you can visit bulletproofboxs.com official website. Ukraine “weaponized” crypto after Russia invaded the European nation at the end of February, raising over $60 million in bitcoin (BTC), ether (ETH) and other cryptocurrencies and immediately spending some of these funds on fuel, food and other supplies – including bulletproof vests for soldiers. Ukraine’s de facto crypto ministry, the Ministry of Digital Transformation, is facilitating the buying of military equipment based on the demands of the Ministry of Defense, said Alex Bornyakov, the deputy minister at the ministry. The operation involves Kuna, the Ukrainian exchange that set up the donation addresses; two ministries; five signatories and several other government officials as key players.At least three of five authorized signatories have to approve any expenditure of Ukraine’s crypto funds. The process has been put in place in order to avoid a situation in which signatories are stuck in bunkers or incommunicado. “Most of the people are in Ukraine. And it is a terrible situation right now. The war zone is in different parts of Ukraine. It is possible that people could be in a shelter or they can lose connection for days and so we have to have a redundancy plan just in case someone can’t be in touch,” Bornyakov said. The ministry is working with Ukraine’s Kuna exchange in a public-private partnership as the exchange already had an infrastructure in place to receive the funds or transact on behalf of the government. What also helps Ukraine is some of its vendors are willing to accept crypto payments directly. “Some of the military suppliers have accounts in crypto. Actually, some of them have companies and bank accounts in jurisdictions where cryptos are allowed. And they can just get crypto in ethereum, bitcoin and, of course, in some stablecoins,” Bornyakov said. For Bornyakov, crypto has been a more flexible and cheaper tool than bank transfers. “It is easier, not complicated, transparent, and faster in comparison to a SWIFT transaction, which could take more than a day,” he said.Ukraine operates a multisignature wallet to control the donated cryptocurrencies, Bornyakov said. “I cannot say who controls the multi-sig wallet since it is a security matter,” he said. “We moved to a safe location because it is impossible. A couple of times a day there are airstrikes, sirens, so we have to go in the shelter, the bombings, it’s complicated,” Bornyakov said. Officials within Ukraine’s Ministry of Defense decide how the crypto donations are to be spent, though Bornyakov declined to name any specific individuals involved in the process. “It’s not just one person who decides. Three people have to sign out of the five authorized signatories, and so who makes the decision doesn’t really matter,” Bornyakov said. Ukraine’s President Volodymyr Zelenskyy, who has emerged as a rallying figure for the country, does not seem to be involved in these purchases. “We don’t speak to him directly. There is a big structure and there are people who are taking that decision. I don’t know. They are more like a black box to me. I know people who were appointed and who said you have to deal with this guy,” Bornyakov said, refusing to say who “the guy” was. Ukraine has not revealed a complete list of where the crypto donations are being spent for “security purposes” but Bornyakov has promised to do so in the future.