Ukraine | ForkLog

ForkLog 16 21.03.2024

Bitcoin Market Regulation in Ukraine Included in €50 Billion Reform Plan

The Ukrainian government approved a reform plan under the Ukraine Facility program, which aims to secure €50 billion from the EU between 2024 and 2027. The document includes provisions concerning the cryptocurrency market. In the context of combating corruption and money laundering, Ukraine commits to aligning its local legislation with European standards and FATF norms […]

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ForkLog 5 21.03.2024

Kyiv Council Members Identified as Cryptocurrency Holders

The Ukrainian civic movement “Chesno” has scrutinized the declarations of Kyiv city council members to identify cryptocurrency holders. ? To track the assets Kyiv City Council members will declare in 2023, the Chesno Movement analyzed declarations from the start of their term and the first year of the full-scale invasion. More details in the new […]

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ForkLog 7 20.03.2024

Ukrainian Police Halt Cryptocurrency-Funded Border Escape

In the village of Hradenytsi, Odesa region, police intercepted two vehicles carrying a group of men attempting to illegally cross the border into Moldova. This was reported by the press service of the department. According to law enforcement, the transportation was organized by a resident of Odesa and a Donbas native previously convicted of theft […]

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ForkLog 8 13.03.2024

Bitcoin Investor in Poltava Seeks Compensation from State Budget

The Poltava Court of Appeal in Ukraine is reviewing a claim for 299 million hryvnias in compensation from the state budget following the closure of a criminal case concerning the theft of 300 BTC. According to the case materials, the plaintiff transferred $10,500 to an unnamed individual for the purchase of bitcoins between 2013 and […]

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ForkLog 10 07.03.2024

Ukraine’s Central Bank to Involve Citizens in E-Hryvnia Pilot

In the latter half of 2024, the National Bank of Ukraine (NBU) will initiate another pilot project to test the digital hryvnia, involving banks and interested citizens. This was announced by Andriy Podderegin, Director of the Payment Systems and Innovative Development Department of the regulator, in an interview with local media. Financial institutions will conduct […]

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ForkLog 6 06.03.2024

Kyiv Cyberpolice Dismantle Cryptocurrency Arbitrage Scheme

Kyiv’s Cyberpolice have dismantled a criminal organization whose members were seizing citizens’ cryptocurrencies. The scheme was orchestrated by two residents of the Kyiv region, who enlisted seven individuals from Kyiv, Zhytomyr, Vinnytsia, and Rivne regions. Most of the participants had known each other since childhood. They promoted cryptocurrency earnings through Telegram channels and set up […]

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ForkLog 12 01.03.2024

Binance Denies Mass Account Blocks for Ukrainian Users

On March 1, media outlets reported that Ukrainian users of the cryptocurrency exchange Binance faced “mass account blocks followed by their removal from the system.” A representative of the platform, in a comment to ForkLog, denied the existence of a problem affecting all clients in the region. “At present, no specific actions are being taken […]

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ForkLog 25 26.02.2024

Ukrainian National Police Lead in Cryptocurrency Declarations for 2022

The data monitoring service Opendatabot calculated that in 2022, employees of Ukraine’s National Police and Prosecutor’s Office submitted the most declarations of cryptocurrency ownership. Out of 1428 declarations during the specified period, these two agencies accounted for 171 (12%) and 150 (10.5%) reports, respectively. Data: Opendatabot. Officials from city councils rank third in terms of […]

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ForkLog 12 17.02.2024

Ukraine Rejects Preferential Taxation for Cryptocurrency Transactions

The Verkhovna Rada of Ukraine will not consider a proposal to introduce preferential taxation on personal income from digital asset transactions. This was stated by Danylo Hetmantsev, head of the parliamentary committee on finance, tax, and customs policy, in an interview with Interfax-Ukraine. “Frankly, we do not want to stimulate crypto activities, which are inherently […]

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ForkLog 9 13.02.2024

Russians Dominate Bybit Traffic in January

In January, Russian users led in visits to the cryptocurrency exchange Bybit, accounting for 23% of the traffic. This was reported by journalist Colin Wu. Russian activity was also noted on platforms MEXC (19% of total traffic), Bitget (11%), and HTX (10%). Data: Wu Blockchain. Alongside users from Russia, 10% of all HTX visits were […]

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ForkLog 25 12.02.2024

Ukraine Counts Cryptocurrency Millionaires Among Officials

The data monitoring service Opendatabot has identified the largest cryptocurrency holders among Ukrainian officials. In 2022, digital assets were mentioned in 1,428 declarations by public servants, doubling the 2021 figure of 788. The three most popular coins are Bitcoin (listed in 816 declarations), Ethereum (624), and USDT (490). Data: Opendatabot. In 2021, Anna Pozdnyakova, director […]

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ForkLog 9 08.02.2024

Ukrainian MP Discloses Cryptocurrency Holdings

Yaroslav Zheleznyak, a member of the Ukrainian parliament and the first deputy chairman of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, has declared his cryptocurrency assets. According to the document, since the end of 2022, he owns: 0.0007 BTC; 0.283 ETH; 10 SOL. Zheleznyak valued these holdings at 17,133 UAH. He stores […]

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