Legal - Ukraine Digital News

With better legislation, Ukraine can make a fortune in eSports

September 18, 2020

Ukraine has the potential to become a European eSports hub after its government recognized the video game competitions as an official sport and their players as athletes. Until recently, this gigantic industry remained in the shadows in Ukraine. Now, however, local eSports businesses can play fair, receiving the legal option of going professional. For example, Ukrainian companies …

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Ukrainian-founded startup vanishes after raising millions from top international investors

June 4, 2020

Sixa, an American startup with Ukrainian founders, has disappeared from all radars, raising suspicious about the reality of its business. After injecting millions of US dollars in the venture, investors now doubt that any team or products have remained of this startup. As reported by Telegram channel Russian Venture, Sixa founders stopped contacting its investors, citing German Kaplun of TMT Investments. In mid-2016, this London-based fund with Russian connections invested $300,000 in Sixa at …

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Ukraine to oversee crypto transactions above $1,200, sees no risk in legalization

January 31, 2020

Operations conducted by crypto companies and other entities dealing with digital assets will be examined and verified by Ukraine’s financial regulators, Minister Oksana Markarova announced during a recent press conference. All crypto-related transactions worth 30,000 hryvnias or more, the equivalent of approximately $1,200, will be subjected to government oversight, she emphasized while briefing Ukrainian media …

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Illegal cryptocurrency farm found on Ukrzaliznytsya premises

November 15, 2019

An illegal bitcoin farm had been sucking electricity from the state-owned railway monopoly Ukrzaliznytsya, draining over $40,000 worth of electricity from the company. The company’s own security department along with Ukraine’s National Police found an illegal bitcoin farm on the premises of the railway enterprise in Ternopil, according to a statement the railway company published on …

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Uber Shuttle operates in Ukraine with multiple violations, local media reports

October 18, 2019

Uber Shuttle operates in Ukraine with multiple violations, a local journalist found. In her article for Ekonomichna Pravda, Iryna Latysh noted the following issues: The van parked at a pedestrian crossing. During a police inspection, turned out that the driver did not have the necessary driving category. Drivers work 10-14 hours a day. Uber Shuttle …

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Government suggests new approach to IT education and industry taxation

September 9, 2019

Last week Ukrainian Prime Minister Oleksiy Honcharuk revealed a new approach to support and tax the country’s IT industry. During a meeting with representatives of the export-oriented IT industry in Kyiv on Sept. 4, Honcharuk proposed creating a fund for developing the industry’s human capital. Managed by the IT industry itself, the fund would support …

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New law makes Ukrainian language mandatory for local websites, e-merchants, software publishers and distributors

May 17, 2019

Almost 28 years after Ukraine’s declaration of independence, and five years after a quasi-state of war with Russia, a new law imposes the use of the Ukrainian language in all B2C communications in the country. Signed by outgoing president Petro Poroshenko on May 15, the law will come into effect progressively within three years after its official publication …

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Ukrainian startup sues Apple over unfair competition

May 10, 2019

A Ukrainian startup has filed a complaint to the European Union’s competition office against U.S. tech giant Apple, a move that has attracted a lot of media scrutiny over the past two weeks. Tech startup Kidslox accuses Apple of abusing its monopoly and “killing the industry” of the parental-control mobile applications, the bread and butter of …

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Ukrainian startup raises $1.1 million in Silicon Valley to “commoditize legal services”

April 22, 2019

AxDraft, a Ukrainian document automation startup, has raised $1.1 million from a pool of US investors. According to Ukrainian tech blog AIN.UA, these investors included the online VC firm FundersClub and their affiliate FCVC, SCM Advisors, as well as Nick Bilogorskiy, Matt Macinnis, Ragnar Sass and a few other individual investors from Silicon Valley. In an exchange with Ukraine …

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Popular Russian online stores and publishing houses banned from Ukraine

March 25, 2019

Ukrainian Internet users have been blocked from accessing three popular Russian online stores: Ozon.ru, LitRes.ru and Labirint.ru. The ban followed a recent decision by Ukraine’s National Security and Defense Council (NSDC) that expands the list of legal entities under economic sanctions. The sanctions, among other things, include limitations on their commercial activity and a prescription to block access …

IT law conference to highlight hot privacy, security and compliance topics (Kyiv, April 12)

March 22, 2019

On 12 April 2019, the Ukrainian capital will play host to an English-language conference on IT law, organized by the Ukrainian Bar Association and the International Bar Association. The conference will cover, in particular, the following topics: Privacy vs. technologies Legal challenges of new technologies Cybersecurity Compliance Online business Financial technologies The working language of …

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Google fixes “technical mistake” in maps that presented Crimea to Russian users as Ukrainian territory

March 5, 2019

Five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers. Thus, in an effort to comply with local laws regarding the depiction of international borders, Google has just “corrected an error that caused a small number of Russian iOS users” to …

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