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The Ukraine Invasion Shows Why We Need Crypto Regulation

Does the war in Ukraine demonstrate that cryptocurrencies have an unprecedentedly vital role in humanitarian crises or that they are completely untamable? Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more […]

Ukraine is Prepared to Lead Eastern Europe’s Crypto Space

The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe, the Cointelegraph reported. Ukraine is ranked as the world’s leader in the Global Crypto Adoption Index 2020, according to a research published by Chainalysis earlier this fall. Despite this, cryptocurrencies still remain a gray area in the economy. Since […]

Ukraine’s Former Prime Minister Proposes to Tackle Corruption Using Blockchain

As the CoinTelegraph announced, Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, Dec. 9. Tymoshenko dedicated her post to International Anti-Corruption Day, stating that modern Ukraine is immersed in “total corruption.” She further explained […]

Ukrainian National Bank Considering Launching State Digital Currency Tied to Local Fiat

As the CoinTelegraph announced, the National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti Ukraine reported Tuesday, September 25. NBU says that the blockchain-based hryvnia, or e-hryvnia, has to be centralized and remain under government control, Vesti Ukraine writes. The state-backed coin is expected to increase the rate of non-cash […]