Ukraine | ForkLog

ForkLog 35 08.04.2025

Ukraine to Draft Cryptocurrency Legislation by October

A draft law on virtual assets, delineating the powers of regulators, is set to be prepared by October 2025. Its foundation will be based on the provisions of the European MiCA regulation, as reported by Interfax-Ukraine, citing the first deputy head of the NBU, Kateryna Rozhkova. International partners will provide technical assistance in developing the […]

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ForkLog 39 04.04.2025

Ukrainian Securities Regulator Envisions National Crypto Assets

The National Securities and Stock Market Commission of Ukraine (NSSMC) is developing a draft law on virtual assets, according to the regulator’s head, Ruslan Magomedov, in an interview with Interfax-Ukraine. He stated that “the likelihood of Ukrainian virtual assets emerging is very high with proper regulation.” Magomedov emphasized that the draft law “has been sitting […]

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ForkLog 35 03.04.2025

Ukraine’s Officials and Their Favoured Cryptocurrencies

In 2024, Ukrainian officials submitted 2113 declarations mentioning crypto assets. The most popular coins among civil servants were USDT, Bitcoin, and Ethereum, according to data from the public registry monitoring service Opendatabot. The number of declarations featuring digital currencies increased by 10% over the year. Data: Opendatabot. Members of law enforcement agencies are the most […]

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ForkLog 22 28.03.2025

Ukraine Proposes Cryptocurrency Market Regulation Model

The Financial Stability Council (FSC) held a meeting where one of the key topics was the regulation of the digital asset market in Ukraine. The meeting featured a presentation on the distribution of responsibilities between the main regulators — the National Securities and Stock Market Commission (NSSMC) and the National Bank of Ukraine (NBU). The […]

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ForkLog 40 25.03.2025

Zhytomyr Resident Accused of Cryptocurrency Fraud Amounting to 3.7 Million Hryvnias

Investigators from the Zhytomyr District Police Department are probing a case involving a 40-year-old local resident suspected of illegally acquiring funds from the crypto wallets of acquaintances. At the end of 2024, two city residents, aged 56 and 35, reported to the police the disappearance of their cryptocurrency holdings. Authorities discovered that the complainants had […]

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ForkLog 27 14.03.2025

Ukraine Unveils Cryptocurrency Taxation Framework

The National Securities and Stock Market Commission of Ukraine (NSSMC) has proposed a model for cryptocurrency taxation. This was announced by the head of the regulator, Ruslan Magomedov. The initiative was presented at a meeting of the Verkhovna Rada Committee’s working group. The framework outlines the taxation process for digital assets across three key areas: […]

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ForkLog 117 12.03.2025

Kuna Halts Deposits and Announces Closure Date

As of March 12, the bitcoin exchange Kuna has ceased accepting deposits in preparation for its complete shutdown. The company has sent notifications to its clients regarding this development. Users have the opportunity to exchange assets until March 17. Cryptocurrency withdrawals and the activation of Kuna codes are available until March 28. After this date, […]

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ForkLog 23 12.02.2025

Kuna to Delist USDT, Hryvnia, and Several Other Currencies

Starting March 3, the cryptocurrency exchange Kuna will delist several cryptocurrencies to comply with MiCA regulations and align with virtual asset service provider standards. Clients of the platform have been notified accordingly. The following currencies will be removed: USDT; DAI; UAH; KUN Token; ZEC; DASH. Holders of these assets are advised to transfer them to […]

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ForkLog 27 05.02.2025

Ukrainian Authorities List Crypto Project with ‘1045% Annual Return’ as Unreliable

The NSSMC of Ukraine has added nine investment projects to its list of unreliable ventures, some of which offered earnings through cryptocurrencies and mining. The list includes: Forhbw; CryptoKeying; Boris Cooper’s Trading School; AvangardBroker; Industrial Trading; Buleto; AI Auto Sale; Trust Investment / Trust Capital / Trust Capital Fund; GenesisFX. Specifically, Forhbw accepts deposits ranging […]

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ForkLog 110 05.02.2025

Ukrainian Central Bank Accuses BitCapital of Illegal Lending Practices

The Ukrainian online service BitCapital, which issues loans in USDT stablecoins, has been accused of creating an illegal lending scheme. This was reported by the NBU. The regulator received over 700 complaints from citizens regarding high interest rates, improper charges, aggressive debt collection practices, and lack of transparency in lending terms. The National Bank’s investigation […]

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ForkLog 41 30.01.2025

Ukrainian Cryptocurrency Exchange Kuna to Cease Operations

Mykhailo Chobanyan, the founder of the Ukrainian cryptocurrency exchange Kuna, has decided to cease the company’s operations in all countries. He announced this on his Telegram channel. “I have decided to cease all commercial activities,” the businessman stated. Users will be able to withdraw their balances during a two-month transition period. “The code, cleansed of […]

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ForkLog 31 29.01.2025

NBU Delays E-Hryvnia Pilot Payments Again

The National Bank of Ukraine is preparing a comprehensive pilot project for the e-hryvnia, which will involve real users and payment service providers. This was announced by NBU Deputy Head Oleksiy Shaban in his column in Ekonomichna Pravda. According to him, participants will have the opportunity to test the CBDC in various types of transactions, […]

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