Thu, July 10

President of Ukraine Signs First-Ever NFT in the Country to Support its Military

According to a recent tweet from Iryna K, a Web3 Community Builder, President Volodymyr Zelenskyy of the Republic of Ukraine has signed the first Non-Fungible Token (NFT) in Ukraine. The approved NFT goes by the name UACatsDivision. So proud of the Ukrainian President @ZelenskyyUa, who signed the first #NFT by

April 10, 2023 2 mins read

Royal Mint NFT Proposed by UK PM Rishi Sunak Scrapped

Plans to introduce a government-backed “NFT for Britain.” As planned by crypto-friendly Prime Minister Rishi Sunak, have been scrapped in the United Kingdom. As part of the government’s aim to make the UK a worldwide hub for crypto-asset technology and investment. Chancellor of the Exchequer Sunak requested in April 2022

March 28, 2023 1 min read

Ukraine Prepones Pilot Launch of Digital Hryvnia To 2023

Mykhailo Fedorov, the minister in charge of Ukraine’s digital transformation, said in an interview that he plans to speed up the process of creating the country’s electronic hryvnia (e-hryvnia). When the pilot phase was first proposed, it was set to begin in 2024, but the government has decided to move

February 19, 2023 1 min read

Ukrainian Authorities Block Russian Crypto Exchanges as per Reports

Ukraine’s financial intelligence agency, the State Financial Monitoring Service (SFMS), has released a special report detailing the outcomes of its work in 2022. The agency said that it has helped with the country’s military effort during the continuing battle with Russia, in addition to its peacetime responsibilities like countering money

January 22, 2023 1 min read

Fedorov Desires “Ukraine to Be World Leading Jurisdiction for Crypto”

Mikhail Fedorov, Vice Prime Minister of Ukraine has announced a determination for his nation to be the world’s top cryptocurrency jurisdiction. Ukraine’s deputy prime minister wants to be the first user of a new central bank digital currency (CBDC). And also get payment in e-hryvnia. Ukraine’s Vice Prime Minister Mikhail

January 18, 2023 2 mins read

Ukraine’s Tascombank Successfully Pilot Tested E-Hryvnia

During the experimental phase of a proposal to create a currency using the Stellar network. Ukraine’s Tascombank attempted to pilot test an “electronic hryvnia.” According to a report released by the bank. The currency was used in trials to settle payments between buyers and sellers. To clarify, the bank said

January 15, 2023 2 mins read

Ukraine Eyes CBDC For Retail and International Transactions

The National Bank of Ukraine is contemplating the introduction of a digital Ukrainian hryvnia that would be suitable for a range of applications, including the distribution of virtual assets and their subsequent trade. According to a press release issued on Monday, the Central Bank has met with representatives from the

November 29, 2022 1 min read

Chainalysis Reports Crypto Activity Surge in Russia and Ukraine

High inflation has affected people in both nations as a result of the war’s economic toll. Ukrainian hryvnia-denominated trade volume increased by 121% to $307 million in March. There was a spike in crypto transactions between Russia and Ukraine shortly after hostilities broke out in late February. While Russian transactions

October 15, 2022 2 mins read

Ukraine Spends Crypto Donations on Various War Equipments

A total of $6.9 million was then spent on armored vests. It was reported by Elliptic that $5 million came from Polkadot co-founder Gavin Wood. Yesterday, Ukraine’s Vice Prime Minister Mykhailo Fedorov detailed the use of $54 million in cryptocurrency contributions. The most expensive item was unmanned aerial vehicles (or

August 18, 2022 1 min read

FinCEN Alerted Financial Institution For Russia’s Crypto Activities

Financial institutions support the U.S and international efforts to weaken Russia. Russian government using CVCs to evade widespread sanctions. The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, and the Financial Crimes Enforcement Network (FinCEN), issued an alert. That warning financial institutions to be on the

August 5, 2022 1 min read
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