Ukraine News

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…

Ukraine will implement FATF’s requirements on crypto in a bid to avoid inclusion on the grey list. Yulia Parkhomenko, director of the virtual assets department at the Ministry of Digital Transformation of Ukraine, said in a Facebook post on Dec.…

The National Anti-Corruption Bureau of Ukraine has seized crypto assets worth $1.5 million from Yury Shchigol, ex-chief of the Special Communications Service.

With the growing use of crypto in Ukraine, there is a 'pressing need' for effective investigations, OSCE officials say.

Ukraine’s largest crypto exchange, Kuna, says the country has lost dozens of billions of dollars since 2016 in revenue related to the crypto market. Ukraine’s state budget has lost $52.9 billion in revenue from taxes and other crypto-related activities since…

The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of restrictions on non-sanctioned countries.

As narratives about corruption in Ukraine evolve, the Ministry of Digital Transformation hopes blockchain could solve that problem. While Ukraine still ranked the second most corrupt country in Europe, after Russia, it is now exploring new ways to battle corruption…