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Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury

The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions.As officially announced on July 23, the Ministry has signed an agreement with Birfury’s crypto compliance product known as Crystal.Bitfury’s Crystal to provide crypto analytics

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First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH).Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna

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Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says

Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations.In its manifest on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine stated that mining does not require regulation by state authorities as this activity is

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Bittrex Exchange Denies It Sought to Collaborate With Ukrainian Government

A Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry.In a Nov. 20 interview with domestic blockchain media outlet ForkLog,. Deputy Minister of Digital Transformation Alexander Bornyakov claimed that Bittrex contacted the Ukrainian government to

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Ukrainian Authorities Arrest Bitcoin Miners at Nuclear Energy Plant 

Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT  on August 22, 2019. SBU Arrest Bitcoin Miners  Per sources close to the matter, Ukraine’s SBU has nabbed some insiders conducting illegal bitcoin

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