New Bitcoin Spellings Cause Confusion: Биткоин, Биткойн, Біткоїн, Биткојн

The addition of “биткоин” (bitcoin) to the Russian spelling dictionary is “well grounded,” according to an important official from the Institute of Russian Language – another recognition of the cryptocurrency. Transliterating English words into a Slavic language written in Cyrillic, however, is not always a straightforward process. Two spelling forms have gained popularity in Russia, … Read more

Ukrainian Companies Mint 25 Coins, Raise $132 Million

Ukrainian crypto businesses have created 25 digital coins in 2017 and 2018, raising more than $132 million through token sales, according to a new report. Cryptocurrencies are gaining popularity in the country, where the daily trading volume now reaches $1.9 million USD. The growing number of crypto users served by local exchanges has prompted calls … Read more

Project to Build Satoshi Statue Gains Support in Kiev

An initiative to erect a monument of Satoshi Nakamoto in Ukraine’s capital is gaining momentum and support. The idea is to place the statue right where the red Karelian stone figure of Lenin used to stand, before it was taken down almost five years ago. The project is said to be part of a global … Read more

Spending Bitcoin in Europe Is Getting Easier Thanks to Wirex and Paytomat

European cryptocurrency holders have reason to be cheerful. Slowly but surely it’s becoming easier to spend BTC, BCH, and a range of other cryptos throughout the continent, with payment services like Wirex and Paytomat leading the charge. It’s now possible to spend bitcoin in hundreds of restaurants and stores throughout Eastern Europe, as well as … Read more

Police Officers in Ukraine Caught Secretly Mining Crypto at Work for Four Months

Employees of a regional police department in Ukraine were recently caught mining cryptocurrencies using the department’s resources, according to the court document. They had been mining for four months before they got caught and their mining farm seized. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Police Mining Farm Discovered Employees of the National … Read more

Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial Instruments

The Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favors a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says.   Also read: Ukraine to … Read more