Ukraine has begun formal steps to legalize the crypto industry, shifting from a largely unregulated market to one with a defined legal …
Ukraine
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Ukraine could recover at least $10 billion in stolen funds and lost tax revenue if it were to implement a more comprehensive …
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Regulation
Ukraine may recover $10 billion with adequate cryptocurrency regulation
by shayaanby shayaanUkraine has been losing billions of U.S. dollars in budget revenues as a result of crimes related to cryptocurrencies, a new report …
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Regulation
NBU draws red line on crypto payments as Ukraine eyes October legalization
by shayaanby shayaanUkraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized …
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In brief The Pentagon has awarded $50 million contract to Auterion for 33,000 AI drone strike kits for Ukraine. The Kits turn …
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Ukraine may be planning a strategic state crypto reserve, according to reports by local media. If it follows through, it would potentially …
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Adoption
Ukraine plans first-of-its-kind Bitcoin reserves with reported support from Binance
by shayaanby shayaanUkraine is reportedly preparing legislation to become one of the first nations to officially hold Bitcoin in its national reserves. According to …
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Markets
Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
by shayaanby shayaanUkraine’s top financial regulator is floating the idea of taxing cryptocurrency as personal income, with possible carveouts for certain foreign asset-backed stablecoins, …
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Smart Contracts
Ukraine War Profiteers Get 13 Years for $7.3 Million Crypto Money Laundering
by shayaanby shayaanTwo members of a gang who used crypto to launch stolen money, obtained by war profit, are prisoned Tuesday in the UK. …
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Finance
Tether, Bitcoin most popular with Ukraine officials, crypto declarations double during war
by shayaanby shayaanA growing number of officials in Ukraine are investing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) while the U.S. dollar-pegged stablecoin …