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Ukrainian legislators are working on regulations for the crypto-industry. The Verkhovna Rada of Ukraine (the country’s parliament) will hear the tax law amendments that will include the definition of cryptocurrencies. The Ministry of Digital Transformation, which is tasked with the creation of the “state in a smartphone,” is now collaborating with Binance to reach its […]

A draft bill that leaves crypto-to-crypto trading outside the state regulation has been filed this week in the Ukrainian parliament. The news was announced during BlockchainUA conference in Kyiv by Ukrainian MP Alexey Mushak.

Ukraine moved closer to regulating Bitcoin and other cryptocurrencies as financial instruments after head of the National Securities and Stock Market Commission (SSMCS) Timur Khromaev said the corresponding bill could be submitted for the Parliament’s consideration by the end of 2018 or early next year.

Ukraine’s Electoral Commission is examining the possibilities of NEM blockchain, which could potentially facilitate and improve the procedure of local and national elections.

At 8 a.m., December 15, agents of Ukraine’s Security Service (SSU) along with two civilian witnesses to the search entered Anatoly Kaplan’s, founder and CEO of ForkLog online magazine, rented apartment in Odessa and conducted a search of the premises.

Ukraine’s National Bank, the National Commission for Securities and Stock Market, and the National Commission on Finance Services Market Regulation have supported the initiative to legalize cryptocurrencies in Ukraine.

Ukraine’s finance minister Oleksandr Danyliuk insists cryptocurrencies will not be banned in the country even though its legal status is yet to be determined.

Ukraine’s parliament, Verkhovna Rada, will review a bill on cryptocurrency regulation. The paper has been published at the parliament’s official website.

Ukraine’s parliamentary committee on financial policy and banking has started developing a bill that would regulate cryptocurrency turnover. The committee’s head Sergei Rybalka wrote on Facebook: “We started working on a cryptocurrency bill in our parliamentary committee. They are gaining traction all over the world.” Notably, deputy head of Ukraine’s National Bank Oleg Churiy recently […]

Deputy head of Ukraine’s National Bank Oleg Churiy has stated that the regulator does not consider bitcoin and other cryptocurrencies a currency, and sees scam-related risks inherent in their usage.

Propy, the global property store and decentralized title registry, is partnering with the government of Ukraine to allow online real estate purchases by foreign investors for the first time.

According to the official comment by Oleg Chupriy, the deputy chairman of the National Bank of Ukraine, Bitcoin has no legal status in Ukraine.

Even though Ukraine’s legislation does not include any direct bans on cryptocurrency mining, miners have become objects of interest for the SBU, the country’s security service, and other law enforcement agencies.

According to the president of investment group Univer Taras Kozak, the government of Ukraine intends to use the distributed ledger technology for real estate title registration as of January 1st, 2018.

JUNE 16, KYIV, UKRAINE – Representatives of the Government of Ukraine and Valery Vavilov, CEO of the leading infrastructure provider BitFury, have signed a memorandum of commitment to move the country’s land registry to blockchain.

Ukraine’s National Bank (NBU) concedes using blockchain technology to issue electronic version of the country’s national currency hryvnia. Electronic hryvnia may be issued as part of the National Bank’s project Cashless Economy.

June 8th, 2017, Ukraine’s Ministry of Justice signed a memorandum on cooperation with leading blockchain infrastructure provider BitFury.

April 13, Ukraine’s state agency for e-governance and BitFury have signed a historic memorandum of cooperation. A few days later, the country’s Ministry of Justice announced it was ready to deploy blockchain technology within SETAM, the system for escheat sales, and the ministry’s basic ledgers.

Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm’s chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere.

Rumors of Ukraine’s largest commercial bank PrivatBank inevitable nationalization have been circulating for a long time. One may only guess whether the new record set at Ukraine’s LocalBitcoins last week has anything to do with that; however, the USD exchange rate in Ukraine definitely has, as millions of the bank’s clients rushed to convert their […]

Over the past week, the volume of bitcoin transactions on LocalBitcoins in Ukraine has reached its all-time high peaking at 2,283,083 hryvnias (almost $87,000.)

According to Sergei Shatski, the head of retail payments department at the National Bank of Ukraine, the country’s banking system is well-developed technologically, however, the regulator needs more time to check everything before actually implementing blockchain technology.

The National Bank of Ukraine has banned four payment systems, namely WebMoney, Yandex.Money, QIWI Wallet and Wallet One. The reason for the decision, which may positively influence cryptocurrency markets, is said to be the lack of the regulator’s approval for service rendition.

Dmytro Golubov, Ukraine’s Member of Parliament (Verkhovna Rada) and leader of the Internet Party, has revealed he owns about $3 mln in Bitcoins.

Recent statements from the National Bank of Ukraine signify the regulator’s intent to use blockchain technology in their Cashless Economy project.

Each day, blockchain, the technology that underlies Bitcoin, penetrates the world of finances deeper and deeper with many signs pointing to it eventually winning a big part of the market. Ukraine is no exception in this regard. Moreover, the largest country in Europe  has every reason to consider itself one of blockchain’s trend-makers.

Ukraine’s blockchain community is active these days: the country hosts several major conferences on the subject; several high-flying blockchain projects kick off; a full-fledged university course on dApp development is now underway. Adding to that, local authorities are mostly positive about cryptotechnologies.

Stanislav Podyachev of bitcoin selling service Btcu.biz told ForkLog that demand for the cryptocurrency in Ukraine has increased almost five times as compared to 2015.

Saturday, September 24, Ukraine’s minister of finance, Alexander Danilyuk, has attended All-Ukraine Blockchain Hackathon in Kyiv.

National Bank of Ukraine (NBU) is interested in further development of high-tech financial market in Ukraine as it will positively influence implementation of the Cashless Economy project.

A blockchain-based e-auction system for land plots which allows for running electronic bidding alongside the traditional auctions was presented in the Ukraine’s city of Odessa.

E-Vox team has announced the launch of blockchain-based e-voting service e-Vox:NaRada at the City Rada (council) of Balta, a town in Odessa Region of Ukraine.

Expert group of the Innovation and Development Foundation is at the final stages of developing a blockchain-based platform for Ukraine’s State Service of Geodesics, Cartography and Cadaster.

The return of Bitfinex and the never-ending story of Ethereum Classic have become the main news of the week. Also featuring in ForkLog’s weekly overview are new initiatives in blockchain realm, and other cryptocurrency-related news.

A roundtable on Bitcoin’s legal status in Ukraine was held on May 19 in the country’s capital of Kyiv.

In late May, Ukraine‘s capital of Kyiv will host a roundtable dedicated to discussing and finding common grounds in legal perception of cryptocurrency. ForkLog talked with one of the roundtable’s initiators, Nestor Dubnevych, to find out what legal problems the industry faces in the light of regulatory framework’s absence.

Developers of Coinessa and BTCZoo from EMK have announced launch of all-Ukraine platform for access to Auction 3.0, a blockchain-based platform for public property auctions. The platform has been developed in cooperation with IDF Reform Labs,  and the project leaders were David Kiziria and Lasha Antandze, while the platform’s API has been supplied by PrivatBank. […]

Founder of KUNA Agency and eponymous cryptocurrency exchange Mike Chobanyan abandoned his plans to introduce a draft law on cryptocurrency regulation to the Ukrainian Parliament. “Crypto is totally legal. You can use it by all means. As for legal entities, there’s not much sense in doing anything for them. Even if we pass the most […]

This week’s overview features further increase of bitcoin price, its continuing involvement in routine life, Ukraine’s blockchainization, and development of cryptocurrency projects.

Blockchain Conference Kyiv, the biggest distributed technology-focused event within the post-Soviet realm, took place on March 19 in Ukraine’s capital of Kyiv. Speaking at the meeting were founders of startups, financial experts, cryptography experts, officials, and public actors. It was the second meeting of blockchain enthusiasts in Kyiv, with the first held last December. The […]

As bitcoin industry in Ukraine continues rapidly evolving, there are dozens of interesting bitcoin and blockchain-oriented projects. When it comes to bitcoin exchanges, the general situation leads to a fierce competition, including that for the title of Ukraine’s first exchange. Here are some cryptocurrency exchanges positioning themselves as Ukraine-based projects in one way or another. […]

We hear about Bitcoin investment every now and then. The theme is burning for both global investment funds (Nasdaq, American Express, Goldman Sachs) and regular entrepreneurs. Following the successful crowdfunding campaign of Bitcoin exchange KUNA in Ukraine, which was financed solely in bitcoins, the actuality of this kind of investment has only increased. On the […]

On March 19, Ukraine will host Blockchain Conference Kyiv. The event, according to the press-release, is set to support the global trend of developing services employing distributed ledger technology, and to reinforce Ukraine’s pioneering status in integrating blockchain technology into public services.

Blockchain technology is the only option to solve Ukraine’s fundamental problems, including corruption, reforms, and non-transparency of elections, cryptocurrency expert Mike Chobanyan told ForkLog.

This Monday, February 22, the Ukrainian platform for state e-auctions on a blockchain has been released for public testing. The source code is available on GitLab, and the platform integration manual has been detailed in the public note in Ukrainian and in English. “The aim of the project is to build up a transparent, decentralised […]

KYIV, UKRAINE, 02.11.2016 – Memorandum concerning creation of E-vox, Ethereum-based electronic election system, was signed. The system in question will be used for holding election at any level, varying from municipal councils to the national parliament. Presently, the system is an Ethereum-based smart contract prototype taking into account Ukrainian political peculiarities. The prototype was developed […]

While in days gone by the UK and Ukraine had nothing in common but a couple of letters in their names, nowadays the situation has drastically changed. Both countries are beyond any doubt Europe’s most prominent countries in terms of integrating innovative financial technologies in their economies. However, while Great Britain is the obvious fintech […]

Today Ukrainian largest private bank PrivatBank posted an interview about Bitcoin and blockchain with Nicolas Cary from Blockchain.info on the main page of its online banking service Privat24. The bank also sent a newsletter to its customers inviting them to watch the interview.

According to Natalia Lapko, the head of payment systems department of the National Bank of Ukraine, the regulator concedes the possibility of integrating Bitcoin in Ukraine’s financial system. She told the bank is not going to “be in arrears of the global innovations” and has its eye on development of crypctocurrency markets both globally and […]

Bitcoin agency KUNA announced a crowdsale for Ukraine’s first bitcoin exchange. Auction set to sale 10 percent of shares of the new platform launches on December, 13.

A search in the house of one of Ukraine’s bitcoin community leaders, Mikhail Chobanian, triggered a series of events. Just two weeks afterwards, his lawyers managed to obtain a court ruling to remove an attachment of the seized property.

According to a source in Ukrainian Cyberpolice, bitcoins converted into hryvnias (Ukrainian national currency) have been employed to bribe voters at local elections several weeks ago.

Following an unjustified search at his apartment Tuesday night, Mikhail Chobanian, leader of Ukraine’s bitcoin community, initiated an urgent discussion concerning government pressure on the country’s IT businesspeople.

Bitcoin and blockchain have recently become the most discussed issue in Ukrainan fintech sector. As government institutions gradually become loyal to cryptotechnologies, local community becomes more active, and more and more merchants at least consider accepting bitcoin, even if they have not started accepting it yet.

Now Ukrainian residents may pay for cinema, theater, and other tickets with Bitcoins. Cryptocurrency payments for those services became possible due to event aggregator and online store 2show.mobi.

On June 11th, the extended meeting of the Ukrainian National Banks’ public council committee on natural person payments examined Project for Bitcoin development in Ukraine presented by Mikhail Chobanian, Kuna Bitcoin Agency founder, and co-founder and co-executive of Bitcoin Foundation Ukraine.

Special Read in Russian Bitcoin Foundation Ukraine joined Ukrainian interbank association EMA and is going to introduce Ukrainan BitLicense project at a Ukrainian National Bank meeting.

Special Read in Russian It’s a common knowledge that presently Ukraine is facing economical and political crisis, yet, notwithstanding all the difficulties it presents, bitcoin community is quite active there. One may buy bitcoins from a kiosk or a payment terminal in Kyiv and Lviv, and even pay for a cup of coffee with cryptocurrency. […]

This June, an ex-employee posted an announcement on the official website of cryptocurrency investment fund Bitsonar. According to it, the organization is a Ponzi scheme, and its founder is not the same person as the website had earlier stated. Meanwhile, users post numerous claims as to the impossibility of withdrawal of funds and suspect the […]

Israeli cybersecurity firm ClearSky has detected that the so-called hacker group CryptoCore has managed to steal over $200 million from cryptocurrency exchanges and companies in two years. For the most part, the threat actors—also named by ClearSky as Dangerous Password and Leery Turtle—have been targeting entities located in the United States and Japan.

In the midst of what is now known as the corona-crisis, people around the world voice their fears about the ever-reinforcing grip of the government over the private lives of individuals. Closing borders, extensive policing, location over cell phones, and other similar measures seem to herald a new era the world is about to enter.

Responding to the growing concerns about the instances of crypto-content being taken down on YouTube, Google Play, and other centralized services, the crypto-community launched the #ForkGoogle initiative. The initiative is aimed to inform and educate people and companies about the need to shift from the centralized infrastructure and build decentralized alternatives to the dominant centralized […]

The crypto-exchange BTC-e was operational between 2011 and 2017 but its history is still being made. The platform was involved in a major international money laundering scheme, but there’s much more to its story: hackers, insurgents, threats, and a whole load of Bitcoin.

There are important lessons that go by with seemingly minuscule effects. The legendary MMM, a pyramid scheme orchestrated by Sergei Mavrodi in the 1990s, is one of them. The post-Soviet countries of the period were somewhat of a Wild West. The opportunities were huge, but not everybody was in a position to seize them. Those […]

In mid-July 2019, the website of the Irish bitcoin exchange Bitsane launched in late 2016 suddenly became empty, all social media accounts were deleted, and the assets of almost 250 thousand users disappeared along with the team. The administration bravely ran away.

Lots of people tend to think that hackers are criminals seeking to steal your money or personal data. Just like all stereotypes, however, this is only partially true at best.

Binance’s founder and CEO Changpeng Zhao, 42, made his way from a small town in China to a Forbes cover and became a shy rockstar of the bitcoin-industry. Widely known as CZ, today he runs one of the biggest crypto exchanges in the world which offers a wide range of services from spot trading to […]

OKCoin cryptocurrency exchange announced on Monday it has listed STASIS EURS (EURS), the first euro-pegged stable coin. Authorized OKCoin customers already can deposit and withdraw EURS, while trading is enabled in EURS/USD, EURS/EUR, and EURS/BTC.

Germany as the largest economy of the European Union is often called one of the major hubs for the development of new technologies, including Bitcoin and its underlying technology, blockchain. In fact, a plethora of the already established companies, as well as new start-ups are based in Germany, and specifically in the country’s capital the […]

Anyone looking for an illustrious cryptocurrency conference in Europe this summer, will hardly be able to avoid the second edition of UNCHAIN Convention. The two-day event, which has been voted to be one of the Top 10 blockchain conferences in 2018, is set to bring together leading Bitcoin and blockchain developers, entrepreneurs and investors in […]

While today’s global economic ecosystem is plagued by instability, market volatility and inflation, various financial institutions are coming up a with a solution generally known as stablecoins. Stablecoins are cryptocurrencies designed to minimize the volatility of the price, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a currency, […]

Entrepreneur, developer and educator, Jimmy Song is a well-known figure in Bitcoin community. Former principal architect at blockchain firn Paxos and VP of engineering at wallet management platform Armory Technologies, today he runs a training company called Programming Blockchain, that provides blockchain programming and development training, and also acts as a venture partner at Blockchain […]

The proposed law on digital assets in Russia will fail to clarify tax issues for miners after the lawmakers have removed the definition of crypto mining from the draft bill on digital currency regulation.

Famous Bessarabian market in the heart of Ukraine’s capital, the city of Kyiv, is now offering an option of purchasing fruits and vegetables with Bitcoin or other cryptocurrencies using decentralized payment protocol Paytomat.

Having stepped back from a successful project to dive into the world of blockchain, Gordon Einstein, Managing Partner at CryptoLaw Partners (CLP), has advised for more than hundred crypto startups. Now, he is about to reveal his involvement with projects which, he believes, will change the world.

Propy, a global real estate store with a decentralized title registry, today announced the execution of the first comprehensive blockchain-recorded property deal in California.

A Ukrainian hacker group dubbed Coinhoarder has stolen more than $50 million in cryptocurrency from users of Blockchain.info, one of the most popular providers of digital currency wallets, according to a report published Wednesday by Cisco’s Talos cybersecurity team.

Sweden-based bitcoin startup Bitrefill focused on topping up mobile phone accounts and selling gift cards has garnered some attention from the community in the recent months after implementing some innovative solutions.

Bitcoin exchange EXMO has released an official statement on the abduction of Pavel Lerner, the platform’s leading analyst. According to EXMO representatives, at the moment Pavel Lerner is safe.

The group of Mybtgwallet scam victims has been negotiating refund of $5 million stolen in users funds with the Bitcoin Gold team for the past month. As the talks are stalled, there is no way for victims but to sue the core team members.

Pavel Lerner, leading analyst at cryptocurrency exchange Exmo, was kidnapped in Kyiv, Ukraine, on Tuesday, December 26.

Ukraine’s parliament, the Verkhovna Rada, will review an alternative cryptocurrency bill. It’s the second bill focused on cryptocurrencies in the last few days, this time registered by Sergey Rybalka, a parliament member from the Radical Party.

The word ‘mining’ is at its peak of popularity these days, while the process of cryptocurrency minting has reached both government-owned facilities and privacy of individual homes. Still, there are some features of mining that are unknown to the general public. One of them is smart computation that can become useful in the future. ForkLog […]

The Ukrainian Cabinet of Ministers on the Financial Stability Board met last week to discuss the issue of cryptocurrency regulation. The participants engaged in a debate about the legal status of bitcoin and other cryptocurrencies. “Everyone understands the importance of blockchain and cryptocurrency as innovative technologies, the importance of developing the industry, protecting against illegal […]

Summer 2017 was hot in every sense of the word. Aside from the drama that resolved with bitcoin hardforking into two, there were several major conferences and other events like Hyperledger Hackfest in Odessa DataArt center. There, renowned speakers shared their experience of work in blockchain projects, and held several coding practice sessions.

Vlad Zamfir, a researcher and developer at the Ethereum Foundation, recently visited Odessa, Ukraine to take part in Blockchain Incredible Party (BIP 001), a major conference hosted by Distributed Lab.

The word ‘mining’ has become mesmerizing for many cryptocurrency enthusiasts and those who had never heard a thing about bitcoin, Ethereum, and other altcoins. Media report that graphics cards are short on supply, while companies selling professional mining equipment can’t handle the flood of orders.

According to a Facebook post by Konstantin Yarmolenko, the head of state agency for e-government of Ukraine, the country’s ministry of justice has announced it is ready to deploy blockchain solutions in basic ledgers and the system of escheat realization.

Speaking at the international conference Digital Banking, the first deputy of the Belarusian National Bank’s board Taras Nadolny stated that the bank will use blockchain technology to create a security bonds ledger.

LiveCoin.net is more than two years old: it has officially opened on March 1st, 2015. The exchange features simple sign-up procedure, lack of verification-related complexities at early phases of work, and a referral program.

Sergei Vasilchuk, Attic Lab CEO, presented the company’s innovative solution for banks and businesses dubbed OpenBankIT at the recent Blockchain UA conference. The solution, which is based on the principles of OpenSource, Free and UserFriendly, seeks to build a whole stack of solutions for e-money and other assets.

Ukraine-based Alliance Bank and fintech company Attic Lab have signed an agreement on integrating SmartMoney, a banking blockchain system.

March 17th, 2017, Deloitte Ukraine’s spokespersons Sergei Bondarenko and Dmitri Pavlenko presented their new project DocSensus at BlockchainUA conference in Kyiv. The next day, the project team came in second at the second edition of the All-Ukrainian Blockchain Hackathon.

Deloitte has presented its own blockchain-based solution for e-document flow control dubbed DocSensus during BlockchainUA conference in Kyiv, the capital of the Ukraine.

At the start of the 21st century, Estonia, a country with 1.3 million population, and with its labor pool having one foot out of the door, has launched a major project for general digitalization. Fifteen years later, the country’s infrastructure was ready to take the world’s first govtech blockchain-based projects out for a spin, and […]

All around the world, there are more and more companies accepting bitcoins, including such giants as Microsoft, Dell, and Overstock. Possibly, now is the time for small businesses to turn their attention to bitcoin as well.

2016 has brought more drama in the world of cryptocurrencies: the rise and the fall of The DAO, Ethereum’s controversial hard fork and subsequent emergence of Ethereum Classic, and the attack on Bitfinex, among others. Certainly, all of us would like to know what’s on the table now.

According to analysts at Kaspersky Labs, cryptocurrencies may join banks, stock exchanges and investment funds in the list of possible targets for hackers in 2017.

Ukrainian Exchange JSC has announced imminent launch of Bitcoin futures trading, starting from Monday, December 19.

As ForkLog reported earlier, a group of crypto-enthusiasts from Ukraine is attempting to launch a blockchain platform designed for banking that could become a fully-fledged alternative to Visa and MasterCard, and provide financial institutions with full functionality to run their operations.