Survey: Financial Sector Wants Ukraine’s CBDC to Facilitate Transactions in the Crypto Market

Survey: Financial Sector Wants Ukraine’s CBDC to Facilitate Transactions in the Crypto MarketA survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for the e-hryvnia that would allow peer-to-peer transfers and fuel e-commerce. Financial Experts Define Potential Uses of Ukraine’s Digital Currency The […]

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The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year

The Country With the Highest Interest Rate in Europe Has Cut It 5 Times This YearAround half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when there is inflation, has […]

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‘Bitcoin to the Moon’ Signs Appear on Ukrainian Tram

‘Bitcoin to the Moon’ Signs Appear in Ukrainian TramLED signs flashing the text “Bitcoin to the Moon” have been spotted on a tramcar in the Ukrainian city of Vinnytsia. Pictures of the signs appeared on social media just as the National Bank of Ukraine announced that it has completed a pilot project to launch its own digital currency called e-hryvnia. Also read: BTC-e […]

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The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms

The Daily: Binance Tests Fiat Exchange, Russians Mull Own Crypto Platforms, ECB Not Ready for CoinBinance, the leading cryptocurrency exchange, has announced it will start testing a fiat currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. […]

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Everyone in This Village Now Owns Cryptocurrency

Everyone in This Village Now Owns CryptocurrencyIn a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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57 Ukrainian Officials Declared Over 21,000 Bitcoins

57 Ukrainian Officials Declared Over 21,000 BitcoinsA study of Ukrainian officials’ asset declarations reveals that 57 officials have declared over 21,000 bitcoins with the majority of cryptocurrency holders in the Odessa regional council and the country’s Parliament. A second study shows that in 2017 the largest amount of cryptocurrency declared by a Ukrainian official was in bitcoin cash. Also read: Three […]

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