Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU).
Ukraine temporarily suspended hryvnia, its national currency, via banking cards for fiat deposits and withdrawals on crypto exchanges.
Binance recommends using P2P services
Binance and the leading Ukrainian exchange, Kuna, announced temporary BinanceDepositsExchangesfiatP2PRecommendsSuspendsUkraine Read More
Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P) services come in handy when trading cryptocurrencies.Following the BinanceBitcoinCryptocryptoexchangeExchangesHryvniaP2PRecommendsSuspendsUkraine Read More
Ukraine has received over $70 million in the form of cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with military equipment and humanitarian assistance.The figures came from a Feb. 24 report by blockchain data platform Chainalysis, which found the majority of the funds to have come in 70MConflictCryptoDonationsNettedRussiaStartUkraine Read More
The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power.
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Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year.
Minister Says Ukraine Aims to Launch BitcoinDigitalFinanceHryvniaNewsPilotPlansProjectSpeedsUkraineYear Read More
Tolokonnikova began creating Putin’s Ashes in August, when Pussy Riot members burned an image of Russian President Vladimir Putin in a protest. Collecting the ashes from the event, Tolokonnikova bottled them to create the artwork for the NFT collection. The collection also features work by Fairey in his signature style, artistsCollectionFaireyMoneyNFTPussyRaiseRiotShepardTeamUkraine Read More
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation.
Crypto Donations Have Been Critically Helpful to Ukraine Amid Invasion, BitcoinCryptoDavosDigitalJurisdictionMinisterNewsRegulationRulesTaxUkraine Read More
Investment firm VanEck recently suspended two Russia ETFs as Western sanctions bite hard on profitability.New York-based asset manager VanEck is liquidating its Russia exchange-traded funds (ETFs) following a lack of Western investment interest. According to VanEck, since the Russian-Ukraine strife began, US investment in Russia has effectively dried up. The DueETFsInactivityInvasionProlongedRussiaRussiasSuspendsUkraineVaneck Read More
Working on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international experts. The list includes the international consultancy firm Ernst&Young and the USAID Financial Sector Reform project. On Dec. 1, the Advisory Council on the Regulation of Virtual Assets, organized by the collabsConsultantsCryptoFrameworkInternationalUkraineUpdate Read More
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements.
Ukraine’s Monetary Authority Introduces Banks and Businesses to E-hryvnia Project
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