While many parts of Ukraine are still facing threats from Russia’s military, some residents, industry leaders and government officials are turning to digital assets for help in relocating people, funding humanitarian aid projects and getting supplies to its own soldiers. On Feb. 17, exactly one week before Russian forces began their attack on Ukraine, the country’s legislature adopted the “On Virtual Assets” bill. Ukrainian President Volodymyr Zelenskyy later signed the bill into law, establishing a legal framework for Ukraine to operate a regulated crypto market. Ganna Voievodina, chief legal officer of Ukraine-based crypto exchange Kuna and one of the bill's …

Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people. In a Monday announcement, Ukraine’s ministry of digital transformation said the government had launched Aid for Ukraine, a platform which accepts donations in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Monero (XMR), Icon (ICX), and Neo (NEO) “to support people in their fight for freedom.” Many parts of the country have been under attack by Russia’s military since Feb. 24. According to …

In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna exchange on Feb. 20. According to Kuna, UAX is now being tested by select Kuna users in an open beta that will last until March 20, 2020. The aim of the first phase of UAX implementation is to integrate with market players, technical testing on decentralized finance platforms as well …

A blockchain-based system for holding online auctions will be launched in Odessa region, Ukraine, in February 2016. The system will allow leasing and selling state property in a decentralized and transparent manner. Such a solution could help fight corruption in this sphere. The current system of state property in Ukraine is centralized. So when this property is sold or leased, only a certain amount of people that control the system get the benefit of it. Thanks to the Blockchain, state property would go online and would be sold or leased without the ability of any particular person to control or …

The recent revolution in Ukraine has brought up many questions about the country’s future but produced so few answers. In Kiev, the creative center Ziferblat (“Dialpad”), working in conjunction with FruitWallet digital wallet, began accepting bitcoins at its location on April 10. Given the overwhelming news coverage peppered with political upheaval, cultural discord, and severe economic troubles in Ukraine, does the adoption of Bitcoin by a single business speak volumes about the future of digital currencies in the country? Ziferblat, which hosts live concerts, language clubs, lectures, a library, and a café, opened in its Kiev location in late March. …

On March 26 Michail Chobanyan and his partners launched the first Bitcoin selling agency in Ukraine, Kuna . A closer look at the market reveals that the company has positioned itself at the forefront of the fledgling industry among the CIS countries (Commonwealth of Independent States). Servicing Options Michail Chobanyan, the founder of Kuna, offers fellow citizens the ability to trade bitcoins for fiat currency. Customers are welcome in the office, located in the central district of Kiev. The price for a unit of Bitcoin is denominated in the official currency - the Hryvnia - and can be followed on …