Self-Proclaimed Donetsk Republic Discusses Possible Bitcoin Integration

“Donetsk People’s Republic”, the pro-Russian breakaway region of Eastern Ukraine, could integrate blockchain-based payment solutions. At least, this was something DAO “Donbass” represented by “Bitcoin Donbass” and the ministries of the self-proclaimed republic discussed on Wednesday, September 14, as part of the task force set up earlier this year.

Bitcoin and Blockchain to Be Used for Bypassing Economic Sanctions in Donetsk

International organization called DAO Donbass is about to launch operations in Ukrainian city of Donetsk, which currently is uncontrolled by Ukraine’s government. The company’s plans suggest using bitcoin and blockchain to bypass economic sanctions imposed due to the ongoing warfare in the region.