Ukraine | ForkLog

ForkLog 2 27.07.2024

Ukrainian Politician Advocates for Bitcoin Integration into National Economy

Ukrainian politician and former advisor to the Office of the President of Ukraine, Oleksiy Arestovych, has proposed making the leading cryptocurrency a national reserve asset. He shared this suggestion on his Telegram channel. Arestovych urged for digital gold to become part of the official assets and called for legislative protection of bitcoin, its holders, and […]

AI translated

ForkLog 10 18.07.2024

Ukraine Explores Web3 Technologies in the Public Sector

The Web3 Institute team, supported by Ukraine’s Ministry of Digital Transformation, analyzed pilot blockchain projects in the public sector. According to analysts, there is currently no comprehensive roadmap for the development of the Web3 sector in the country, despite its inclusion in several major government initiatives. These include the National Revenue Strategy for 2024-2030, the […]

AI translated

ForkLog 10 27.06.2024

Ukrainian Startup Rarimo Challenges Worldcoin with New Verification App

Ukrainian startup Rarimo, recently acknowledged by Vitalik Buterin, has unveiled a verification solution for the RariMe App. Utilizing ZKP technology, it aims to rival Sam Altman’s Worldcoin, reports CoinDesk. The RariMe App scans passports via smartphone, proving user uniqueness based on nationality, age, and other parameters without disclosing confidential information. This distinguishes the app from […]

AI translated

ForkLog 14 13.06.2024

Ukrainian Regulator Flags Crypto Projects with Registration Bonuses as Dubious

The NSSMC of Ukraine has added 14 investment projects to its list of unreliable ventures. Some of these target cryptocurrency holders. The projects deemed dubious include: Gerchik & Co Stocks; Finteria; Investizo; LiquidityX; ActivTrades; LCG; PaxForex; SFCRYPTO; BITDEER; AST MINING; ForexMart; Tradeview Financial Markets SAC; PO TRADE; Trust Capital. Specifically, Finteria promises additional income for […]

AI translated

ForkLog 11 04.06.2024

Survey Reveals a Quarter of Ukrainians Own Cryptocurrencies

According to a survey by Gradus Research conducted in April for the bitcoin exchange WhiteBIT, 26% of Ukrainians own cryptocurrencies, preferring digital assets over precious metals and bonds. The study involved 883 participants aged 18 to 60 residing in Ukraine. Data: WhiteBIT. 47% of respondents use cryptocurrency due to its popularity and relevance. 40% are […]

AI translated

ForkLog 16 23.05.2024

Kuna Cryptocurrency Exchange Considers Exiting Ukrainian Market

The Ukrainian cryptocurrency exchange Kuna is contemplating the sale of its local business and has already initiated preliminary discussions with potential investors. This was revealed by the exchange’s founder, Mikhail Chobanyan, in an interview with Mind.ua. According to Chobanyan, the decision stems from high risks in the local market. Ukraine lacks effective cryptocurrency regulation, and […]

AI translated

ForkLog 9 23.05.2024

Ukraine’s Central Bank to Limit P2P Transactions for Individuals

NBU will impose restrictions on outgoing card-to-card transfers by individuals to combat shadow schemes. This was reported by Forbes, citing a statement from the deputy head of the regulator, Dmytro Oleynik. Currently, a limit of 30 outgoing transfers per month with a total amount not exceeding 100,000 hryvnias is under discussion. The NBU will finalize […]

AI translated

ForkLog 17 15.05.2024

Ukraine Expands List of Dubious Projects to Include Miners and Crypto Traders

The NSSMC of Ukraine has expanded its list of unreliable investment projects, some of which promoted earnings through cryptocurrencies. The following have been deemed questionable: BIT-X CLUB; ACY Securities; REVOLUTION FX; FxPro; TRUST FUNDS; AVAFX; Moneta Markets; NSFX; GROWUP CAPITALS; Cap24Trade; FinWay; LEDTRINO; 1000X; IQMining; Oil Folex Ai; Stability International Platform; SIMPLE MINER; Currency miner; […]

AI translated

ForkLog 7 07.05.2024

Ukraine’s ProZorro to Auction Bitcoin

The Ukrainian government procurement platform ProZorro has put 0.1 BTC up for auction. Bidding will commence on May 14 with a starting price of ₴188,000 (~$4700). This is the first time such a lot has been offered. Both legal entities and individuals may participate in the auction, provided they submit the necessary documents. Participants are […]

AI translated

ForkLog 14 30.04.2024

Ukraine and Germany Forge Partnership for Cryptocurrency Oversight

NSSMC and BaFin have signed a memorandum to provide mutual assistance in financial sector investigations and exchange relevant information. The priority areas include: financial reporting requirements; alternative funds; non-state pension funds; fraud prevention; oversight of virtual assets; construction financing and investment funds in the construction sector. The National Commission described this partnership as “another step […]

AI translated

ForkLog 4 04.04.2024

Binance Resolves Issue with Automatic Cancellation of P2P Orders

On April 4, users of the cryptocurrency exchange Binance in Ukraine reported difficulties in executing P2P transactions in the local market. When creating an order to sell USDT for hryvnias, the system automatically cancelled it. The issue persisted for several hours. Screenshot of P2P transaction participants’ conversation. Source: Binance. Shortly after notification from ForkLog, Binance’s […]

AI translated

ForkLog 9 25.03.2024

IMF Delays New Cryptocurrency Regulation in Ukraine

The International Monetary Fund (IMF) has postponed the preparation of an updated version of legislation on the regulation of virtual assets in Ukraine to the end of December 2024. It was previously scheduled for completion by the end of June. The development of the regulatory document remains the responsibility of the NBU and the NSSMC. […]

AI translated

#Ukraine