Whistleblower Outs ‘Wolf of Kyiv’ for $70 Million Bitcoin Scam
A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. Go to Source Powered by WPeMatico
Ukraine
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Ukraine is Pushing to Become a Leader in the Global Crypto Landscape
Ukrainian government’s recent manifesto led many experts to believe that the industry is all set to boom in the near future Go to Source Powered by WPeMatico
IT Exec at Kyiv Prosecutor’s Office Illegally Mined Crypto on Office Systems
An IT expert at a Ukrainian prosecutor’s office used the office’s systems to illegally mine cryptocurrency and provide placement to third parties Go to Source Powered by WPeMatico
Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default
Why do regulators assume that crypto transactions carry increased risks? Go to Source Powered by WPeMatico
Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
The National Bank of Ukraine is still trying to balance the potential threats and benefits of a central bank digital currency Go to Source Powered by WPeMatico
First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX
Ukrainian crypto exchange Kuna has released an apparently first stablecoin pegged to local fiat currency, the Ukrainian hryvnia Go to Source Powered by WPeMatico
Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
The Ministry of Digital Transformation of Ukraine has said that crypto mining does not require regulation by state authorities Go to Source Powered by WPeMatico
Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet
The State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means, is still being stored in the wallet set up by a criminal. Experts have expressed concerns about the risk of the money disappearing as officials continue to insist only government agencies have access … Read more
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the benefits … Read more
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says Go to Source Powered by WPeMatico
