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Ukraine News

Ukraine is the second largest state by territory in Eastern Europe. According to the International Monetary Fund, Ukraine’s economy is ranked 50th in the world by nominal GDP and purchasing power parity. In terms of cryptocurrency, it was stated in 2014 that all trades using virtual currencies and all benefits from selling them is allowed only for registered financial organizations, such as banks. In 2017, the Ukrainian National Bank didn’t admit Bitcoin as real money without certain regulation. By 2018, Ukraine has almost finished legislation aimed at regulating all operations with digital assets. Recently, the Ukrainian National Bank has expressed the readiness to collaborate with the Bitcoin foundation to work on the new project called Ukrainian Bitlicense.

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Volodymyr Zelensky did not object to the bill's fundamental principles, but opposed the idea of creating a new watchdog agency.

Ukrainian president returns virtual asset bill to parliament for revision

2021-10-06T19:30:00+01:00

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The development marks another sign of the digital hryvnia project picking up steam.

Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals

2021-09-29T19:15:00+01:00

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Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country.

Ukraine joins the comity of crypto-friendly nations with new regulation

Osato Avan-Nomayo

2021-09-24T14:07:00+01:00

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Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said.

Central bank of Ukraine to promote ‘fair’ Bitcoin regulation

2021-09-21T14:29:24+01:00

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Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation.

Ukraine passes legislation to recognize and regulate crypto

2021-09-09T06:44:00+01:00

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Scams make up the largest share of funds sent from Eastern Europe to illicit addresses.

Eastern European victims sent $815M to Ponzis and scams in the past year

2021-09-02T04:22:30+01:00

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Paying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency currently in development.

Ukrainian ministry considering digital currency pilot for staff salaries

Osato Avan-Nomayo

2021-08-18T14:36:31+01:00

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Ukrainian authorities say the crypto exchanges were involved in money laundering and other illicit financial activities.

Ukraine’s state security shuts down illegal crypto exchanges

Osato Avan-Nomayo

2021-08-13T11:36:09+01:00

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