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President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President … Read more
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion. … Read more
Williams’ proposal is focused on using blockchain tech to counter propaganda, and incentivize the Russian population via crypto rewards to get informed on what’s taking place in Ukraine. Go to Source Powered by WPeMatico
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “a safer haven asset than government fake fiat money.” Robert Kiyosaki on War and Bitcoin The author of Rich Dad Poor … Read more
The country’s National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms, and act as a financial watchdog Go to Source Powered by WPeMatico
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine, Everstake, and cryptocurrency exchange FTX. Government’s Crypto Donation Website Now Live The … Read more
THORChain reveals plans to launch Terra’s UST-like native stablecoin and “Thorfi.” Go to Source Powered by WPeMatico
Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars. Go to Source Powered by WPeMatico
Users have sent more than $48 million USD in crypto to government wallet addresses; roughly 24% of the platform’s $200 million goal. Go to Source Powered by WPeMatico
The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar. Go to Source Powered by WPeMatico