Ukrainian authorities have arrested a 35-year-old man from the Poltava region, accusing him of orchestrating a major cryptojacking operation targeting an international server hosting company. According to a statement released by Ukraine’s National Police on June 4, the suspect allegedly breached more than 5,000 customer accounts to mine cryptocurrency illicitly ...
Ukraine is preparing to establish a national strategic Bitcoin reserve, indicating progress in its cryptocurrency sector. Yaroslav Zhelezniak, First Deputy Chairman of the Verkhovna Rada Committee on Finance, announced that a draft law for this reserve is being finalized and will be submitted soon, marking a step towards incorporating cryptocurrency ...
Ukraine is making significant strides in regulating cryptocurrency taxation, with the National Securities and Stock Market Commission (NSSMC) unveiling a comprehensive taxation framework for virtual assets. This move aims to align Ukraine’s financial system with global standards for digital assets, marking a critical step towards formalizing cryptocurrency regulations in the ...
Ukraine is advancing toward legalizing its cryptocurrency market, with officials reportedly considering up to an 18% tax on crypto earnings. According to a local news outlet, many in Ukraine’s crypto community favour a 5% tax on income, but the government is leaning toward standard rates—an 18% personal income tax plus ...
A man from Yakutia, Russia, has been sentenced to seven years in prison for allegedly funding the Ukrainian Armed Forces (AFU) through cryptocurrency transfers. According to Russian media outlet Izvestia, the individual, whose identity remains undisclosed, is a resident of the Sakha Republic and employed at a diamond mining company. ...
On Friday, November 22, the Organization for Security and Co-operation in Europe (OSCE) announced the completion of a three-day training program for Ukrainian officials aimed at enhancing their ability to investigate crimes involving cryptocurrency. According to a press release by the organization, the training covered essential topics, including the fundamentals ...
The European Parliament has approved the first set of EU regulations called Markets in Crypto Assets (MiCA), designed to prevent money laundering, track transfers of digital assets, and address customer protection and supervision. According to the statement by the National Security and Stock Market Commission of Ukraine, MiCA will encompass ...
