Officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software.
Ukraine News
Ukraine is the second largest state by territory in Eastern Europe. According to the International Monetary Fund, Ukraine’s economy is ranked 50th in the world by nominal GDP and purchasing power parity. In terms of cryptocurrency, it was stated in 2014 that all trades using virtual currencies and all benefits from selling them is allowed only for registered financial organizations, such as banks. In 2017, the Ukrainian National Bank didn’t admit Bitcoin as real money without certain regulation. By 2018, Ukraine has almost finished legislation aimed at regulating all operations with digital assets. Recently, the Ukrainian National Bank has expressed the readiness to collaborate with the Bitcoin foundation to work on the new project called Ukrainian Bitlicense.
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The whitelist marketplace WhiteList Zone onboarded over 50 projects that collectively submitted more than 8,000 whitelists.
8178The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
2642Donate crypto to Children of Heroes and help support the youngest Ukrainians affected by the Russian invasion.
7539A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework.
2909Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said.
5926Russia’s war in Ukraine threatens to destroy its art. This startup uses NFT technology to protect and preserve priceless artifacts from conflict zones.
18492The ongoing war in Ukraine has made financial services inaccessible for many, exacerbating the need for a low-cost, efficient solution.
10380Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU’s MiCA regulations on crypto assets.
15555After considering diversity concerns, Sotheby’s has relaunched its Glitch digital art sale.
6818The ECB president admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community.
35070Lights, camera, Bitcoin: A Bitcoin Film Festival in Poland brought the Bitcoin revolution to the big screen.
5725The central bank of Ukraine sees crypto as a threat to macro-financial stability and a promising opportunity for better payments at the same time.
3737While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda.
5177Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience.
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