Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of 46,351 BTC, which is worth over 75 billion hryvnias ($2.66 billion) as of press time. The declaration’s campaign ended on March 31, 2021. But bitcoin is not the only cryptocurrency found among the collective filings of....
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Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million at publishing time.According to a declaration published on Dec. 2, Solod became the owner of this Monero fortune back in March 2015, when he was 14 years....
Per a Reuters report, the Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams claims regulators in that country are exploring a “clear path” to allow banks and clients to hold Bitcoin and other cryptocurrencies. Related Reading | CFTC Commissioner Stresses: Ethereum Is Under Our Jurisdiction In doing so, the U.S. officials are looking to incentivize […]
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....
Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with Ukraine. Ukrainian Organizations Crowdfund Defense Effort With Crypto Ukrainian NGOs and volunteer groups have raised several hundred thousand dollars in cryptocurrency, a study by blockchain analytics firm Elliptic has revealed. Donations made in digital assets have increased by 900% last year, the....
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves.
Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency
The Pakistani nation owns more cryptocurrency than foreign reserves, according to the Pakistan Frontier and other media outlets quoting a new report by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). The study,....