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New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations

New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation RegulationsA special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of various crypto activities and adjustments to the applicable legislation. Advisory Board to Take On Matters Related to Cryptocurrency Taxation in Ukraine The National Securities […]

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Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

Russia and Cuba Eye Cryptocurrencies for Settlements Amid SanctionsBoth facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The […]

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Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’

Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv Official Describes as Nonsense Allegation That Ukrainian Investment in FTX […]

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Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in UkraineThe government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting and Mining Hardware Imports to […]

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Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs

Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure JobsThe art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles […]

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Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Pro-Russian Groups Raised 0,000 in Crypto Since Ukraine Invasion, Report RevealsGroups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly […]

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Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils

Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report UnveilsNew sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services to Russian residents and companies. EU Expected to Target Crypto Services for Russians […]

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Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules

Ukraine to Revise Virtual Assets Law in Line With EU Crypto RulesWork is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law […]

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Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance PayVarus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency […]

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Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFT

Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFTAnti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber Guerrillas From Belarus Try to List NFT Passport Collection on Opensea A hacking group known […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets