Michael Chobanian: Troubled Ukraine a “Haven for Cryptocurrency”
Ukraine has been at the forefront of international news following a revolution, continued lack of political stability, and fears of a possible invasion by Russia after the annexation of Crimea. But it’s not all gloom and doom, and other important developments, such as gradually spreading awareness of Bitcoin, are also happening in Ukraine. Keeping that in mind, CoinTelegraph recently spoke to Michael Chobanian, the man behind the Kuna Bitcoin Agency, the first such agency in Ukraine, about how current unrest may ultimately be a catalyst for positive change. CoinTelegraph: This is a tired....
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The push for bitcoin legislation in Ukraine has been put on hold after Michael Chobanian decided to drop the pursuit. The Bitcoin Legalization Bill of Ukraine may soon be history after the people who were in the forefront decided to call it a day. According to reports, Bitcoin Embassy in Ukraine along with the leading Bitcoin exchange in the region, KUNA have been working on a draft law to make bitcoin legal in the country. The main reason for Michael Chobanian dropping his fight towards legalizing bitcoin in the country is unknown. However, the news publications have quoted him saying....
On Tuesday, November 3 a court-warranted search was conducted in the house of the head of Bitcoin Foundation Ukraine, Michael Chobanian under the camera flashes. Among other things, the Ukrainian militsiya have confiscated an illustrated booklet called "About Bitcoin." Michael Chobanian spoke with CoinTelegraph about the operation, and according to him, the actual goal of the search was self-promotion and professional advancement: apparently, the militsiya, which has kept its name from the Soviet times, is a less prestigious organisation than the newly formed cyber police, and the people....
Through Bloomberg’s interview with KUNA’s Michael Chobanian, we can learn a lot about present-day Ukrainian life. The man’s job is to use cryptocurrencies to settle transactions at light speed. And to manage the crypto donations Ukraine gets from all over the world. Before the war, Chobanian was the name behind the KUNA exchange and the […]
Bitcoin regulation looks imminent in Ukraine, with the release of its own BitLicense draft. Initial reception has been described as “surprisingly positive” by the country’s Central Bank and financial sector. Michael Chobanian, founder of the Kuna Bitcoin Agency and the Bitcoin Embassy in Ukraine, presented a report titled “Project for the Development of Bitcoin in Ukraine.” He submitted it at the extended session of the commission on the issue of individual payments board before the National Bank of Ukraine (NBU) held on May 27. Citing Bitcoin’s potential, as well as investor interest....
Verkhovna Rada of Ukraine will review the bill defining the legal status of Bitcoin. Allegedly, it will be submitted in January, 2016. Michael Chobanian, the founder of Bitcoin Foundation Ukraine told CoinTelegraph about his attempts to develop the text of the bill together with a team of lawyers. If it passes, the bill will help to establish the legal status of Bitcoin in the country. Therefore, ukrianian companies will get the opportunity to make Bitcoin payments and transactions freely. Bitcoin foundation Ukraine works hard to promote Bitcoin in the country, raising people’s awareness....