Ukraine News
Latest Ukraine News
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
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…
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…
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…
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
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…
USDT
Tether
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…
BTC
Bitcoin
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.