The outfit of Ukrainian President Volodymyr Zelenskyy at a NATO meeting has launched a never-before-seen gambling debate on Polymarket. More than $79 million was bet on the crypto-based prediction platform on whether his June 24 ensemble was a formal suit or not. The argument is still controversial, and it leads
The policymakers of Ukraine have introduced a draft bill permitting the National Bank of Ukraine to add crypto such as BTC to the country’s reserves. The bill was submitted to the parliament of the nation named Bill 13356. The bill focuses on the amendment to the law on the National
Ukrainian authorities have arrested a 35-year-old man from the Poltava region for allegedly hacking into thousands of hosting accounts and using the stolen access to mine cryptocurrency, resulting in more than $4.4 million in damages. The suspect is accused of running an elaborate cryptojacking operation that compromised servers from a
As global interest in cryptocurrency adoption grows, Ukraine is taking a bold step toward integrating digital assets into its national financial strategy. The Eastern European nation is reportedly drafting legislation to establish a national strategic Bitcoin reserve, with the support of Binance, one of the world’s leading crypto exchanges. A
The National Securities and Stock Market Commission of Ukraine (NSSMC) has announced a proposed framework for the taxation of cryptocurrencies. This new framework will impose a 23% tax on certain crypto transactions while strategically exempting crypto-to-crypto transactions and stablecoins. Released on April 8, 2025, the proposal comes as Ukrainian lawmakers
Donald Trump’s announcement of the Crypto Summit has revived the market in the past day. Bitcoin has reached the $85K level utilizing the positive propellant, which has also led to the revival of other altcoins. Meanwhile, stepping out of the US, Ukraine reported examining crypto taxations. Notably, according to local
As part of a new military assistance package worth up to $800 million for the war effort against Russia, the Biden administration has agreed to supply cluster bombs to Ukraine, and it is likely that the Pentagon will ship thousands of them on Friday, as per anonymous sources. Bradley and
The paramilitary group Wagner rebelled against the military leadership in Moscow, resulting in the Russians exchanging their rubles, Russia’s currency, with the dollar-pegged cryptocurrency this weekend. This results in a total volume of trades between rubles, and the stablecoin Tether (USDT) has surged from $4 million on Saturday to $15
The European Investment Bank (EIB), the world’s largest multilateral lender, has been the target of a cyberattack. Russian hackers are expected to be the suspects who threaten to bring down the Western financial system days later. Moreover, earlier today, the pro-Russian Killnet hackers claimed on their telegram that they had
Ukrainian regulators have announced their plans to raise taxes on crypto gains starting in 2024. Both individuals and businesses involved in cryptocurrency transactions would be subject to an 18% tax on their profits under the proposed plan. The National Commission for Securities and the Stock Market plans to charge a
