Europe

Hackers from North Korea are plagiarising information from legitimate resumes on various hiring platforms such as LinkedIn. They use the stolen data to apply for jobs at cryptocurrency companies in North America and Europe.

Weld Money will integrate the new feature to allow the Hacken community to pay for goods and services using the HAI token. This integration stems from a partnership between Hacken and Weld Money established in September 2021.

A member of the Belgian Parliament, Christophe De Beukelaer, will convert his entire 2022 salary into Bitcoin. He will thus become the first European politician to support cryptocurrency in this way.

Mining cryptocurrencies consumes a lot of energy. For this reason, some governments set special prices for miners. This trend seems to be particularly strong in the Eastern European region.

Governments are continuously recognizing cryptocurrency activities, including mining, through liberal legislation. Until recently, the surplus power was wasted. But some countries now want to use it for mining digital currencies.

The Ukrainian Ministry of Digital Transformation is making every effort to legalize cryptocurrencies in the country. For example, it is preparing the law on Digital Assets for the second reading on Verkhivna Rada. On the other hand, it is working on a framework that will allow taxing the income from trading cryptocurrencies.

Due to poverty and stringent economic conditions, hundreds of able Africans seek better employment opportunities in Europe and Asia. However, the high taxes and unfavourable monetary policies of many African countries make home remittance expensive. Migrant workers from the African continent are turning to cryptocurrency to affordably send money home.

Russian Foreign Intelligence accepts data from citizens using their virtual office in the darknet. This is the first office of the kind in Europe. Russia has followed the lead of the USA that was a pioneer in establishing a darknet office.

As most states in the world are moving towards rolling out their own state-backed blockchain-based digital currencies, Ukraine, a cryptocurrency-friendly country in Eastern Europe has also decided to follow the lead. The state is going to develop its own central bank digital currency (CBDC).