{"id":57388,"date":"2022-02-08T17:42:18","date_gmt":"2022-02-08T15:42:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57388"},"modified":"2025-09-04T11:29:18","modified_gmt":"2025-09-04T08:29:18","slug":"bitcoin-industry-in-ukraine-named-a-driver-of-the-digital-economy","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-industry-in-ukraine-named-a-driver-of-the-digital-economy\/","title":{"rendered":"Bitcoin industry in Ukraine named a driver of the digital economy"},"content":{"rendered":"

The cryptocurrency industry should become a powerful driver of Ukraine’s digital economy, said Oleksandr Borniakov, Deputy Minister of Digital Transformation for IT development, during the Diia Summit forum<\/a>.<\/p>\n

He said that by the end of 2021 the market for digital assets had grown fivefold.<\/p>\n

\n

“I am not aware of any other sectors of the economy that grow at such a pace. $33 billion invested in the blockchain ecosystem,” said Borniakov.<\/p>\n<\/blockquote>\n

He added that, with regulation of the cryptocurrency market, Ukraine could become an attractive base for multi-billion-dollar companies from around the world, boosting investment and startup activity.<\/p>\n

In September, Ukraine passed<\/a> the Law on Virtual Assets (VA). The document regards VA as intangible property, classifying them into secured and unsecured. The President returned<\/a> the law for reconsideration.<\/p>\n

In late January 2022, it emerged that the Binance exchange was working on launching a cryptocurrency-denominated payment card<\/a> in Ukraine.<\/p>\n

Earlier, ForkLog reported that the British fintech company Revolut became a resident<\/a> of Ukraine’s Diia City special regulatory regime.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency industry should become a powerful driver of Ukraine’s digital economy, said Deputy Minister Oleksandr Borniakov.<\/p>\n","protected":false},"author":1,"featured_media":57389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,1828,36,16],"class_list":["post-57388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-digital-economy","tag-regulation","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=57388"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57388\/revisions"}],"predecessor-version":[{"id":57390,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57388\/revisions\/57390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/57389"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=57388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=57388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=57388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}