Tag: Ukraine

Ukraine’s Bitcoin Reserve: Smart Financial Strategy or Risky Political Gamble?

Ukraine’s Bitcoin Reserve: Smart Financial Strategy or Risky Political Gamble?

Ukraine is reportedly finalizing legislation to establish a national Bitcoin reserve. This initiative, confirmed by Member of Parliament Yaroslav Zhelezniak, aims to formalise the country's allegedly substantial Bitcoin holdings, currently estimated at 46,351 BTC, valued at nearly $4.8 billion, acquired through donations, asset seizures, and fundraising efforts during the ongoing ...

source: themoscowtimes.com

Ukrainian Police Arrest Man for Large-Scale Cryptojacking Scheme

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 ...

source: coinpedia.com

Ukraine Implements 18% Income Tax on Cryptocurrency Earnings

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 ...

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