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The latest report from the international financial regulator IMF examines the role and liability of cryptocurrencies and defi in the global financial system.

The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.

Monobank, a virtual bank founded in 2017 with over 2.5 million users, is doing everything possible to get the green light from Ukraine's National Bank (NBU) to allow a legal rollout of its first-ever bitcoin debit card before the end of July 2021. If approved, the new BTC debit cards will be available in the near future.

The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digital asset.

The authorities of Ukraine have recently rolled out a new bill combating cybercrime that also describes the procedure for the confiscation of cryptocurrencies obtained illegally.

A new overview of the blockchain sector in Ukraine was recently published by the Ukrainian Blockchain Association (BAU). It highlights the formation phases of the sector and community, goes ahead to examine the firms participating in the market and also underlines the areas where these companies offer relevant solutions. The BAU also examined and analyzed future expectations of all market contributors, as well as the degree of business well-being with cryptocurrencies, distributed ledger technology (DLT) or blockchain and the existing regulations governing the industry.

Bitcoin (BTC), the leading cryptocurrency by market cap, just saw a major boost after the astonishing slogan “Bitcoin to the Moon” appeared on a tramcar in the Ukrainian city of Vinnytsia. The pictures of the event were all over the social media and the National Bank of Ukraine (NBU) declared that it has finished a pilot project to roll out its own cryptocurrency known as e-hryvnia.

The Government of Ukraine plans to create a global property store and decentralized title registry to allow online real estate purchases by foreign investors for the first time. Pilot programs will be led by Ukraine’s Agency for E-Governance throughout the year 2018.

The National Bank of Ukraine is considering the possibility of issuing a digital national currency based on Blockchain technology.