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The United States and Ukraine have agreed on a proposal for an immediate 30-day ceasefire. This news is pending Russia’s acceptance, according to a joint statement following high-level talks in Jeddah, Saudi Arabia. Kyiv expressed its readiness to accept the…
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Bitcoin
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Crypto gamblers on Polymarket, the prediction market platform, have staked over $627,000 on the speculation that Ukrainian President Volodymyr Zelenskyy will step down before July. At the time of publication, Polymarket participants estimated a 19% probability of Zelenskyy’s premature exit.…
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Ukraine’s crypto tax debate continues as officials consider a lower 5-10% rate while others push for standard income taxes of up to 23%. Ukraine is moving toward legalizing the crypto market, with officials considering a 5-10% tax on crypto income…
BTC
Bitcoin
News
Bankrupt cryptocurrency exchange FTX appears to owe a significant sum of money to creditors in more than twenty countries, including Ukraine. Crypto investors from more than 20 customers, including Ukraine, China, and Russia, are not eligible for FTX distributions, Sunil…
Feature
Ukrainian authorities have blocked access to Kuna, the country’s first crypto exchange, operational since 2014. Kuna, Ukraine’s oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation. The news came from…
News
A Russian citizen from Yakutia has been sentenced to seven years of prison for funding the Ukrainian Armed Forces by sending cryptocurrencies to their account. According to Russian media outlet Izvestia, the man is currently being held in a high-security…
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Bitcoin
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Ukraine is gearing up to block Russia’s use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works. The government of Ukraine has unveiled plans to impose “sanctions and other solutions” aimed at blocking Russia‘s use…
News
Blockchain security auditor Hacken is rolling out a new tool to automate security and compliance for web3 businesses as MiCA and DORA rules loom. Hacken, an international blockchain auditor with Ukrainian roots, is rolling out a new solution that allows…
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Ukraine is moving closer to legalizing cryptocurrency, with a new bill expected to be finalized by the first quarter of 2025. Danylo Hetmantsev, head of the Ukrainian Parliament’s Committee on Finance, Tax, and Customs Policy, confirmed that the draft law…
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OSCE reported twelve Ukrainian officials completed a three-day training on investigating crypto and blockchain transactions. The Organization for Security and Co-operation in Europe announced on Friday, Nov. 22, that it had hosted a three-day training session to strengthen the ability…
Markets
Bitcoin showed resilience as the escalating tension between Ukraine and Russia signaled a shift in how investors perceive the digital gold. Ukraine attacked Russian territory with U.S. ATACMS missiles, fired at a military facility, after the Biden administration granted permission…
BTC
Bitcoin
News
Eastern Europe sees growth in crypto usage as institutional and grassroots adoption rise in Ukraine and Russia, fueled by large transactions and retail use amid regional instability. Crypto adoption is accelerating across Eastern Europe, led by robust institutional and grassroots…
News
The OSCE’s recent workshop brought together regulators from Ukraine, Moldova, and Armenia to address the urgent need for crypto regulations in the face of rising financial risks. Eastern Europe is doubling down on regulatory measures for crypto exchanges as the…
News
A man in Komsomolsk-on-Amur, a city in Russia’s Far East, has been arrested on suspicion of high treason for allegedly sending cryptocurrency to Ukraine’s military forces. According to Russia’s Federal Security Service, the crypto was intended to aid Ukraine’s purchase…
Feature
Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with Russia? Analysts at the OSINT agency Molfar collected data from July 2023 to June 2024 using various…
BTC
Bitcoin
News
Ukrainian fraudsters posing as police officers have extorted $250,000 in USDT from a businessman through a scam involving fabricated criminal charges. Criminals impersonating police officers extorted $250,000 in stablecoin from a Ukrainian in a scam that involved threats of fabricated…
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