Blockchain4Ukraine — a group of pro-crypto Ukrainian lawmakers — and the public union Virtual Assets of Ukraine (VAU) revealed a joint roadmap for promoting and developing Web3 in the country. The document was signed by its co-authors on Nov. 14, reports Forklog.com The roadmap proposes a set of measures for promoting Web3, such as the launch of …
Ukraine’s law “On Virtual Assets” — the main piece of legislation that concerns the country’s crypto space, adopted in early 2022 — will be amended in accordance with the provisions of the European Union’s Markets in Crypto Assets (MiCA) legislative package. Since the East European nation was granted the status of a candidate for EU …
Ukraine to revise virtual assets law in line with EU crypto rules Read More
Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country. The law allows foreign and Ukrainian cryptocurrencies exchanges to operate legally, according to the country’s Ministry of Digital Transformation. Ukraine’s President Volodymyr Zelenskyy has signed the law as Russia’s war on Ukraine continues underscoring the important role that …
Ukraine legalizes crypto sector as digital currency donations continue to pour in Read More
President Volodymyr Zelensky on Dec. 18 signed bill №5676 creating a special taxation system for tech firms. Approved by the parliament on Dec. 14, this is the second of three laws that are necessary to create the Diia City system. Diia City is a collection of tax, employment and legal benefits that Ukrainian and foreign IT firms …
Zelensky signs Diia City bill to change taxation for tech firms Read More
Google users in Ukraine have received a letter from the company about the price rise of its services. This is related to the recently adopted and signed so-called “Tax on Facebook” law, initiated by Danylo Hetmantsev, Chairman of the Committee on Finance, Taxation, and Customs Policy. AIN.UA explains what will change. In June 2021, the Ukrainian …
Google starts charging 20% VAT on its services in Ukraine Read More
Facebook is suing a Ukrainian national suspected of scraping and selling information from 178 million users on the platform in 2018-2019, according to American publication Insider. According to the court documents, Ukrainian hacker Alexander Solonchenko exploited a feature in Facebook Messenger called ‘contact importer,’ which allows users to sync their phone address books and view which of …
Facebook sues Ukrainian hacker for selling user information from 178 million accounts Read More
Update Oct. 5, 2021: President Volodymyr Zelensky vetoed the bill and sent it back to parliament for changes. A draft law legalizing and regulating cryptocurrency and other virtual assets like tokens in Ukraine has passed the parliament in the second reading on Sept. 8. A total of 276 Ukrainian lawmakers voted for the bill. Cryptocurrencies have been …
Ukrainian Parliament passes law to legalize cryptocurrency Read More
Ukraine’s Security Service (SBU) detained a Ukrainian national who is suspected of setting up a bot farm to sell fake online accounts, called bots, to Russian customers. The suspect, a local tech specialist, allegedly used nearly 12,000 SIM cards of Ukrainian and Russian mobile operators to create fake user profiles in social networks, messengers and electronic wallets, …
Ukrainian Security Service uncovers bot farm that sells bots to Russia Read More
Ukraine’s parliament passed a bill on June 3 that imposes additional taxes on foreign companies like Apple, Netflix, Amazon and Facebook. According to the new legislation, foreign tech companies that are not registered in Ukraine will pay a 20% value-added tax (VAT) for digital services they provide to local users. The bill targets content like …
Ukraine’s parliament imposes additional taxes on Apple, Netflix, Facebook Read More
A high-profile criminal case involving a Ukrainian techie and $10 million he stole from tech giant Microsoft is over. A federal district court in Seattle sentenced Volodymyr Kvashuk to nine years in prison, finding him guilty of 18 federal felonies, the US attorney’s office for the Western District of Washington reported on Nov. 9. Kvashuk, 26, …
US sentences Ukrainian techie to 9 years for stealing $10 million from Microsoft Read More
The current inflow of IT professionals from Belarus could bring some $120 million of foreign currency to Ukraine each year, based on the estimate that 1,200 such people have moved to Ukraine since the beginning of the unrest in belarus in August. According to Ilya Neskhodovsky, who heads the Institute for Socio-Economic Transformation, each IT …
On October 4 President Volodymyr Zelensky signed a decree to facilitate the relocation of Belarusian IT professionals to Ukraine, following the example of several countries of the region. These measures target Belarusian IT programmers and entrepreneurs as well as their families. Starting from now, the maximum duration of their stay in Ukraine without a visa …
Ukraine simplifies procedures to attract Belarusian IT specialists Read More
