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Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date


The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game...

Ukraine’s Monobank to Allow Customers to Trade Bitcoin


Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin...

Ukraine Shuts Down Illegal Mining Farm With 150 Rigs


Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From...

Hurry up and Regulate Crypto, Urges Ukrainian Central Bank


The policy-making unit of the Ukrainian central bank has called on the nation’s government to speed up the rollout of crypto legislation. In an official release, the National Bank of Ukraine (NBU)’s governing council urged Kyiv to hurry up with its long-awaited regulation, urging the executive...

‘Legalize Crypto,’ Urges Ukrainian Cybercrime Chief


The head of the Ukrainian cyberpolice has called for crypto to be legalized – claiming that “most criminal activity” is now conducted using crypto. In an interview with RBC’s Ukrainian service, the cyberpolice chief, Oleksandr Grinchak, stated that “legalizing” and “moving cryptocurrency into...

Ukraine’s Leading Soccer Team Dynamo Kyiv to Sell NFT Tickets


FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to offer supporters unique collectible items through a partnership with a blockchain company. Dynamo...

Ukraine’s Public Radio Launches Podcast With an Episode on Bitcoin


In an attempt to expand and diversify its audience, the public radio of Ukraine has recently entered the world of podcasts. Listeners have been invited to choose among a variety of topics and genres. A podcast devoted to personal finance management and financial literacy kicks off with an episode...

Ukrainian MPs Want to Jail People Who Don’t Disclose Crypto Holdings


The Ukrainian parliament has voted in favor of a bill that proposes to hit people hiding large crypto holdings with lengthy jail terms. Per an official document from the Verkhovna Rada, the nation’s parliament, the bill passed with a majority of 283 votes, but will now return to the committee stage...

Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin


The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...

Ukrainian MP Cashed in Her Crypto – and Made More than Twice Her Salary


Kira Rudik. Source: A screenshot,Instagram/kira.rudik An MP and the leader of a Ukrainian political party has revealed that her crypto trading income for last year was twice as high as her salary. In an official declaration filing submitted late last month, Kira Rudik, a 35-year-old tech guru...

Ukrainian Finance Minister Says Crypto Is ‘Promising’


The new Ukrainian finance minister has spoken about the state’s plans to regulate the domestic crypto market, and claimed that although he has doubts about what is “backing” crypto, he feels it is “promising.” In an interview with 24 Novosty, the recently appointed minister, Serhiy Marchenko...

Controversial Ukrainian Oligarch Is Reportedly Mining Bitcoin in the US


One of the wealthiest oligarchs in Ukraine and a former governor in one of the country’s regions are reportedly mining bitcoin in a factory located in the U.S. Ukrainian Businessmen Are Reportedly Running Crypto Mining Operations at US Factory Per Radio Free Europe (known also as Radio...

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