The war may be fading a bit from the headlines, but each week, Russian aggression inflicts $4.5 billion of damage to Ukrainian infrastructure.
A group of Crypto activists – who would be happy to be interviewed – launched Ukan Token (UKANS),
Volunteer-led not-for-profit Ukraine TrustChain has facilitated the successful evacuation of more than 13,000 Ukrainians.
In February of this year, Daniil Cherkasskiy received a phone call from a friend regarding a connection in Kiev in dire need of help. Cherkasskiy, a Ukraine native and now Chicago tech executive,
The Russian invasion into Ukraine sparked global outrage and a humanitarian disaster. It also marks the first major conflict to occur during the cryptocurrency age, and digital currencies quickly had a role to play on both sides of the war. Increased usage between these two countries at war will further drive personal adoption and encourage countries to enact rules and frameworks for cryptocurrency transactions.
Futuur, which provides a selection of prediction markets available at one URL, is now offering a special section with prediction markets on the Russia / Ukraine Conflict.
Futuur has over a thousand live markets across all major topics, with betting in seven different cryptocurrencies.
After the dissolution of the Soviet Union in 1991, a lot of countries gained independence. Still, 30 years is a very short time to make considerable reforms but we have an example of the Baltic states that are now members of NATO and embraced the pro-Western path.
Ukraine’s Economic Development and Trade Ministry is developing a public policy for the classification and legalization cryptocurrencies.
The ministry said that the purpose of the policy is to “create understandable conditions for conducting activities in the field of virtual assets and virtual currencies.”
Ukraine is taking its first steps towards the general adoption of cryptocurrencies by accepting payment with 13 digital currencies in one of the central markets in Kiev, the Ukrainian capital.
The transaction is carried out through Paytomat, an Estonian cryptocurrency payment processor, which is helping the adoption by facilitating the payment of goods and services with the most popular cryptocurrencies to merchants throughout Europe.
The Verkhovna Rada, the Ukrainian parliament, has proposed a bill that would tax residents’ crypto-related profits.
Initiated by 23 government officials, the tax bill proposes a 5 percent tax on profits that private individuals and corporate entities realize from trading their cryptocurrencies. The bill states that these profits must be reported separately from other forms of income.
The State Service for Special Communication and Information Protection of Ukraine (Derzhspetszviazok) said that local crypto mining companies are not required to obtain a license.
Derzhspetszviazok is the technical security and intelligence service of Ukraine, under the control of the Ukrainian President.
Ukrainian authorities have arrested four individuals suspected of running six fraudulent crypto exchanges.
The suspects allegedly launched at least six crypto exchanges and lured users by promoting the exchanges with fake positive ratings and online reviews. The suspects reportedly asked the victims to transfer funds into digital wallets registered under forged identification documents through the fake trading sites.
