As reported by Bitcoin.com, the government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the …
Ukraine plans to fully legalize cryptocurrencies within three years Read More
PayPal is a convenient internet-based money transfer service popular in the West. But PayPal doesn’t work in Ukraine. While Ukrainians can use the service to send funds to other PayPal users, they can’t receive money. So thousands of small Ukrainian entrepreneurs have to be creative to find a way to earn their living by selling …
How thousands of small Ukrainian entrepreneurs find creative ways to use PayPal Read More
Last week a virtual monument dedicated to the creator of bitcoin, Satoshi Nakamoto, was erected on Shevchenko Boulevard in Kyiv (Kiev). The opening took place where there previously was the monument to Lenin, which according to the idea of the authors should symbolize two epochs, past and modern. Kiev’s virtual memorial is the first one to be …
Virtual Satoshi monument erected in Kyiv to symbolize “modern Ukraine” Read More
Ukrainians with bank cards are gradually giving up the use of cash, according to a report published by the National Bank of Ukraine on Aug. 21 – the first in what is to be a regular series of NBU reports on cashless transactions. In the first six months of 2018, Ukrainians conducted 1.5 billion cashless transactions worth …
Ukraine going cashless: digital bank transactions hit $21 billion in 2018 Read More
Village Capital is a Washington, D.C.-based non-profit venture capital firm focused on solving real-world problems. MetLife is a global provider of insurance, employee benefits and financial services. Its non-profit MetLife Foundation utilizes grantmaking to help low-to-moderate income families gain access to safe and affordable financial products and services. The two non-profits will host their first in …
Two US non-profits to support Ukrainian fintech startups Read More
PrivatBank, Ukraine’s largest and innovation-friendly bank, has just rolled out an extended version of its Internet bank Privat24, making its services available to users of any bank around the world. Positioned as a “bank of a new generation,” Privat24 is still in beta mode. However, even now anyone can test the service using its trial website …
PrivatBank makes its online banking service Privat24 available to all Read More
The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and functions of governmental bodies in regulating …
Ukraine’s Financial Stability Council supports regulatory concept for cryptocurrencies Read More
Ukraine ranks among the world’s ten leading countries by the number of crypto-owners, according to the ‘Better Regulation Delivery Office’ (BRDO). The latter is an NGO which “tackles issues of the regulatory environment in order to eliminate barriers for business and boost economic growth in Ukraine.” The daily traded value of cryptocurrencies sold and purchased …
Ukraine among top 10 countries by the number of cryptocurrency users Read More
Last week PrivatBank, Ukraine’s major innovation-friendly bank, announced the launch of Apple Pay, Apple’s mobile payment and digital wallet service, for its cardholders in Ukraine. The service is available to holders of both credit and debit cards, Visa or Mastercard. Presenting the service as “one of the most expected payment innovations in Ukraine,” Dmytro Krepak, Acting Group Country …
In its second edition on April 23-24, 2018, the Crypto Affiliate & Marketing Conference (CRAC) will provide the communities of marketers and digital currency enthusiasts a new chance to network while showing their first projects at the junction of the two industries. “Less than one year ago everyone was just clueless. And look how fast …
On March 29, Kyiv (Kiev) will host the fifth edition of the Blockchain & Bitcoin Conference Kyiv, which touts itself as the largest exhibition and conference in Ukraine on blockchain technology, cryptocurrencies and ICO. The event will bring together over 2,000 participants, including local and international entrepreneurs, government figures, developers of decentralized solutions, investors and …
Local and international players to discuss blockchain technology in Kyiv (March 29) Read More
A Ukrainian hacker group dubbed Coinhoarder has stolen more than $50 million in cryptocurrency from users of Blockchain.info, one of the most popular providers of digital currency wallets, according to a report published Wednesday by Cisco’s Talos cybersecurity team. Cisco has been investigating in the past six months in partnership with the Ukrainian Cyberpolice. According to …
Ukrainian hackers stole $50 million in bitcoins using ‘poison’ Google ads Read More
