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.

News
Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation.
Ukraine passes legislation to recognize and regulate crypto
Samuel Haig
2021-09-09T06:44:42+01:00
6051
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Scams make up the largest share of funds sent from Eastern Europe to illicit addresses.
Eastern European victims sent $815M to Ponzis and scams in the past year
Martin Young
2021-09-02T04:22:30+01:00
2454
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Paying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency currently in development.
Ukrainian ministry considering digital currency pilot for staff salaries
Osato Avan-Nomayo
2021-08-18T14:36:31+01:00
3365
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Ukrainian authorities say the crypto exchanges were involved in money laundering and other illicit financial activities.
Ukraine’s state security shuts down illegal crypto exchanges
Osato Avan-Nomayo
2021-08-13T11:36:09+01:00
3506
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The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from...
New bill in Ukraine to allow payments in cryptocurrency, says official
Helen Partz
2021-08-06T16:46:44+01:00
10930
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Ukraine’s newly signed law On Payment Services requires close cooperation between the National Bank of Ukraine and private startups in the payment market.
Ukraine central bank now officially allowed to issue digital currency
Helen Partz
2021-07-30T14:25:47+01:00
11804
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The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency.
Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining
Osato Avan-Nomayo
2021-07-19T13:09:11+01:00
6754
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Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles.
Ukrainian police seize 3,800 PS4 consoles used for illegal crypto mining
Erhan Kahraman
2021-07-12T11:46:03+01:00
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