Ukraine 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…

Michael Chobanyan, founder of KUNA, claims Ukraine’s central bank has effectively “killed” the local cryptocurrency market, prompting him to shift his focus to Europe. According to Michael Chobanyan, founder of the KUNA crypto exchange, the crypto market in Ukraine is…

Ukrainian financial detectives have charged a local blogger with $5 million in tax evasion through crypto transactions linked to online affiliate marketing. The Economic Security Bureau of Ukraine has charged a prominent local blogger with evading more than $5 million…

Kyiv police have detained four men for the abduction and murder of a 29-year-old foreigner. The crime was premeditated and was motivated by nearly 3 Bitcoin (BTC). The National Police of Ukraine reported the incident in the Solomianskyi district in…

The U.S. Treasury has sanctioned a Russian national working at Polyus, Russia’s largest state-owned gold producer for being involved in a complex crypto laundering scheme. The U.S. Department of Treasury on Jan. 12 announced another package of sanctions against 300…

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300…

The IMF has urged Ukraine to complete virtual asset legislation by the end of 2024 due to regulatory concerns and economic potential. The International Monetary Fund (IMF) has urged Ukraine to finalize its update of legislation regarding virtual assets by…

Treasury Department has sanctioned Russian providers of digital financial assets, saying many of the designated entities offered services that helped evade sanctions. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 13 entities and two…

Blockchain and cryptocurrency have offered Ukraine significant advantages despite the constant concerns from crypto skeptics.

Inspired by the resilience and innovation of Ukraine’s defenders, I want to show how crypto has made a tangible difference in these historic times.

Crypto donations play a pivotal role in the war in Ukraine, but imposed restrictions and lack of clear regulations make it nearly impossible to use crypto as a means of payment.

The cryptocurrency exchange Binance is launching a series of educational initiatives that provide entrepreneurship programs for aspiring crypto moguls. Binance’s charitable arm and the non-profit organization Superhumans Foundation will allocate $150,000 to support Ukrainian citizens affected by the conflict. These…

A candidate for the head of Ukraine’s anti-corruption agency appears to be DOGE and LUNC holder, according to an official declaration. Kateryna Kapliuk, a former journalist at Ukrainska Pravda and current candidate for the head of Ukraine’s National Agency on…

Ukrainian police and Europol apprehended a so-called "cryptojacker" for breaching cloud accounts and illicitly mining cryptocurrencies via one million virtual servers.

In its 12th sanctions package against Russia, the EU is doubling down on crypto limitations for Russians. According to a Q&A on Dec. 18, the European Commission has imposed a new ban on Russian nationals and residents, preventing them from…

New research supported by Ukraine’s Ministry of Digital Transformation says the lack of regulation forces web3 startups to incorporate in foreign jurisdictions. A new research report conducted by the Ukrainian Web3 Institute, titled “Web3 for Ukraine: Talk to Founders,” has…