Ukraine’s financial watchdog intends to track crypto transactions exceeding $1,200, according to the head of the country’s Ministry of Finance, Oksana Makarova. For the first time, Ukrainian anti-money laundering law…
Continue ReadingUkrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says. Oksana Markarova, Ukraine’s Finance Minister,…
Continue ReadingOn Dec. 15, news broke that cryptocurrency payments firm and wallet provider FoPay had acquired Estonia-based digital currency trading platform AliExchange for 1 million of its native Foin (FOIN) tokens.…
Continue ReadingLawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international anti-money laundering (AML) standards. Private Individuals Can Provide Crypto…
Continue ReadingThe Ukranian government has approved the final version of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines. On Dec. 6,…
Continue ReadingUkraine’s Ministry of Digital Transformation has signed a memorandum of cooperation (MoC) with the Belarusian crypto exchange Currency.com. Ukraine Wants to Learn from Belarusian Experience in Regulating Cryptos While Ukraine’s…
Continue ReadingA Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry. In a Nov. 20 interview with…
Continue ReadingIn the latest instance of state employees mining cryptos at work, a unit of Ukrainian Railways (Ukrzaliznytsia) has been caught red-handed diverting company electricity to earn bitcoin. State-owned Ukrzaliznytsia said in an…
Continue ReadingA branch at Ukrainian Railways (Ukrzaliznytsya), was illegally mining crypto using the power grid of the state. Ukrzaliznytsya, a state-owned enterprise of rail transport in Ukraine, says that its Lviv…
Continue ReadingCrypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the…
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