Parliamentary Member in Ukraine Declares Bitcoin Assets

Parliamentary Member in Ukraine Declares Bitcoin Assets

Alexei Mushak became the first parliament member in Ukraine to divulge his Bitcoin holding. The European countries have a mixed reaction towards Bitcoin. The rate of Bitcoin adoption varies among countries in the continent. The same can be said about the governments and the respective central banks’ stance towards the digital currency. Ukraine is among one of the few nations to have a supportive cryptocurrency ecosystem. Even the major banking institutions in Ukraine have started accepting Bitcoin payments through their merchant solutions. In a first, Alexei Mushak — a member of the....


Related News

Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares

A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto Assets, Fail to Provide Proof of Ownership Crypto investments have enjoyed a growing popularity among Ukrainian politicians in recent years, mandatory asset statements have revealed. According to recent media reports, a member of the Virovsky Village Council in the western....

Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero

A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared that he owns 185,000 XMR, which is worth $24,534,700, according to data from markets.Bitcoin.com, plus real state, cars, and stock. The declaration was made public on December 2, 2020, where Solod stated that he....

Ukraine Officials Fail to Account for Millions in Declared Crypto Assets

Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of Ukrainian parliament from President Zelensky’s Servant of the People party, has allegedly lost a serious amount of cryptocurrency to car thieves, according to an audit of his 2020 declaration quoted by the “Slovo i....

Ukraine Pushes for Membership in European Blockchain Partnership

Activists and lawmakers in Kyiv are urging the EU to accept Ukraine as a member of the European Blockchain Partnership. They believe the recently adopted law “On Virtual Assets” opens the way for the country to become a blockchain leader on the Old Continent. Kyiv Officials Hope Blockchain Technology Can Help Post-War Reconstruction of Ukraine Members of the “Virtual Assets of Ukraine” public union and Blockchain4Ukraine, an inter-factional association of Ukrainian lawmakers, are lobbying for Ukraine’s full membership in the European Blockchain....

UK Parliamentary Group Seeks Views of Crypto Industry Players

A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is also open to views from players in the sector. Making the UK the ‘Global Home of Crypto Investment’ A United Kingdom (U.K.) parliamentary committee known as the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it....