The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws. Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. The roadmap was published on the ministry’s website and states that it aims to help local companies…
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Ukrainian police officers are receiving crypto crime investigation training from EU officials, with the nation continuing to streamline its crypto and blockchain policy with Brussels. Per a Bureau of Economic Security (BEB) release, law enforcement officers in Lviv, Ukraine, attended an “international seminar” organized by the European Union Advisory Mission (EUAM)…. Read More: EU Officials…
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The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant power, its position is “waning” concerning its currency. The Diminishing Dollar? Trump Points to a Shift in Global Currency Dynamics Always…
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A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework. According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more than $81 million to the national…
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Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said. The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. The National Bank of Ukraine (NBU) has demanded four local crypto firms provide financial…
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Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China, a remnant of the Trump era. The Treasury secretary flagged the Asian superpower for…
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A Russian citizen has been arrested for allegedly sending crypto to Ukraine’s armed forces – and will be tried on treason charges. The Russian news agency Tass reported that the (unnamed) citizen is a resident of the Far Eastern territory of Khabarovsk Krai, across the sea from Japan. The citizen was detained by the FSB,…
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Ukraine’s State Bureau of Investigation says it has uncovered an illegal crypto mining farm in a state-owned enterprise in the Western region of Lviv. In an official post, the bureau (SBI) said that the farm was being run by managers of a branch of the state-owned company Forests of Ukraine in Rava-Ruske. The town is…
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Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall. Per Forbes Ukraine, the National Commission for Securities and the Stock Market is set to unveil a draft law, which will be set before lawmakers at the next parliamentary session. The market regulator’s…
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Ukraine’s anti-corruption bureau has stated that it is probing the crypto sector to unmask money launderers. In an official National Anti-corruption Bureau of Ukraine (NABU) release, the regulator said that it was teaming up with the United States Embassy for the drive. The NABU said that its efforts would be “financially supported” by the US…
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