From March 21 to March 23, the French capital played host to the Paris Blockchain Week, attracting a variety of thought leaders, entrepreneurs, investors, corporate executives and other industry professionals. Some 8,500 attendees in total came from 76 countries, according to the organizers. Ukraine was present in several ways. On the humanitarian side, the UNHCR …
Three Ukrainian startups shine at Paris Blockchain Week Read More
Tallinn-headquartered crypto exchange Utorg raised $5 million in a round led by US fund Dragon Fly with participation from Hypra and TA Ventures, two funds with Ukrainian roots. Completed in September but publicly announced only recently, the deal valued the startup at $50 million, Forbes Ukraine heard from an unnamed source. Founded in October 2020, …
The paramilitary group Rusich is one of multiple Russian far-right and neo-Nazi organizations that have fought in the war in Ukraine. Because it’s not an official part of the Russian Armed Forces, Rusich has had to find alternative ways of funding its members’ military equipment and medical needs — and has found the perfect solution in cryptocurrency. Meduza special correspondent …
Since late February 2022, the Russian invasion of Ukraine affected all aspects of life in the two nations. Their populations have felt the war’s economic impact, including on cryptocurrency, as analysed in a recent report by Chainalysis. Shortly after the war began, cryptocurrency transfers increased in Ukraine and steadily rose through June. In March, right after the war …
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
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores. Among the electronics retailers, whose customers will now take advantage of the new service, …
Whitepay introduces crypto payments to Ukraine’s tech stores Read More
Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for its war effort. The ‘Meta History: Museum of War’ collection is a series of digital images – including silhouettes of warplanes, screengrabs of news …
Ukraine launches NFT ‘Museum of War’ in crypto crowdfunding push 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
The Ukrainian government is to launch a non-fungible token marking the history of the Russian invasion with unique digital art, in its latest use of digital assets to fund its war efforts. The country’s deputy minister of digital transformation, Alex Bornyakov, said the NFT collection would be “like a museum of the Russian-Ukrainian war. We want to …
Ukraine to launch NFT to mark history of Russian invasion Read More
he Ukrainian government began soliciting cryptocurrency donations Saturday morning. The official Twitter account for Ukraine tweeted: “Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, ethereum, and USDT.” The tweet also includes a BTC address and an address for ETH and USDT donations. Mykhailo Fedorov, vice prime minister of Ukraine, also tweeted a similar message. Following the Ukrainian government’s solicitation of crypto donations, …
Earlier this month Ukrainian startup Global Ledger announced a “strategic M&A partnership” with Swiss fintech Promethiem AG. Founded in 2018 by Alex Fisun, Andrey Lazorenko and German Stogniiev, Global Legder is a blockchain forensic startup that allows banks, fintech companies and crypto startups to follow obligatory AML/CTF compliance rules for crypto assets. It “disrupts money laundering and cybercrime,” allowing banks …
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
