Ukraine Legalizes Crypto, How This New Law Could Increase Donations

Ukraine Legalizes Crypto, How This New Law Could Increase Donations

The government of Ukraine legalized crypto and digital assets on its territory. Per an official post, the president of the country Volodymyr Zelenskyy signed a law that legalizes transactions with this asset class. Related Reading | Iranian, Venezuelan OpenSea Users Blocked From NFT Platform Over Russia’s Attack On Ukraine According to the law, crypto exchange […]

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Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market

The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s parliament, has adopted the law “On Virtual Assets” on second and final reading. The legislation regulates operations with....

Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets

Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets. Calls for Widening List of Accepted Crypto Donations Lithuania-based crypto payment processor Coingate recently said it has begun an arrangement with the Ukrainian central bank that has seen the number of crypto assets well-wishers can donate to the country’s armed forces rise from just four to more than 70. This widening of the list of....

Ukraine Crypto Donations Ramp Up As Binance, Others Join In

Crypto donations to Ukraine have continued to grow as the war rages on. The country has seen the majority of the globe rallying around it against Russia, which many perceive as the aggressor. Given that Ukraine is a smaller country and boasts a weaker military power compared to its opportunity, the country could use all […]

Ukraine Has Received $108 Million In Crypto Donations Following Kraken And BA...

On Wednesday, tracked total crypto donations to the  government of Ukraine wallet addresses, charities, and humanitarian initiatives had topped $108 million. The official Bitcoin (BTC) and Ethereum (ETH) wallet addresses of the Ukrainian government, as well as a BTC donations address for Come Back Alive, are the top three beneficiaries of such cash. Tracked Donations […]

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the National Police of Ukraine has joined the government in Kyiv and Ukrainian NGOs trying to obtain funding through cryptocurrency amid Russian military invasion. The unit has recently posted an announcement on....