A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of
The 3rd part of NFTs includes events that happen on March 15 – 31. The last drop of NFTs is to restore the Ukraine Cultural Institutions. The first NFTs battle museum in Ukraine collected more than $1 million for the armed forces. With this money, Ukraine has already purchased weapons
Crypto Mining to commence effectively in Russia. Mining to be soon legalized, with the bill already passed. All mined crypto to be sold outside Russia. The Central Bank of Russia (CBR) announces officially that crypto and crypto mining will be legalized back in Russia, provided all the cryptos mined in
Donations were made in March to the Ukrainian crypto fund with CryptoPunk #5364. The NFT was sold to an unidentified bidder for 90 ETH on Thursday. Over $100,000 has been collected for Ukraine’s military effort against Russia via the sale of a donated CryptoPunk NFT, the government of Ukraine stated.
Yarmolenko said the relationship was a method to improve EU links. Zhmerenetsky said that the EU-wide blockchain alliance would help Ukrainian migrants. This week, Ukraine joined the European Blockchain Partnership (EBP), a cross-border public service project developed by 27 EU member states after Norway and Liechtenstein. EU’s Digital Economic Sphere
Cryptocurrency is a value reservoir, unaffected by fiat and government policy instruction. Russia’s central bank accepts crypto payments. To defend against Russia’s invasion of Ukraine, many corporations have withdrawn from the country and all western countries banned financial services to Russia but still, top crypto exchanges are supporting financial services
Ukraine’s crypto industry was severely affected. Many crypto firms and exchanges were forced to be shut down, without employees. Firms branches operating elsewhere tend to run the show and keep Ukraine’s crypto industry alive. The war is yet to come to an end, and the still on throttle battle, prohibits
Almost 10 million people have been forced to flee their homes so far. Binance previously pledged $10 million to aid those affected by the Ukrainian situation. UNHCR, the UN agency for refugees, has received its first stablecoin crypto payment to aid families fleeing Ukraine to neighbouring nations. In addition, cryptocurrency
In the beginning, the Ukrainian government raised $4 million. The government had received “near to $100 million” in cryptocurrency contributions. People in Ukraine are more desperate than ever before for outside assistance. To restore peace and stability to Ukraine, the international community must unite behind the government while the Russian-Ukrainian
The limitations are said to be in place in the nation for the time being. The Ukrainian parliament passed the law in its second reading in mid-February. Though Ukraine’s government has officially approved Bitcoin (BTC), some major Ukrainian banks have allegedly blocked their customers from using their national currency to
