Ukraine
Ukraine Moves to Legalize and Tax Crypto, Proposing an 18% Income Tax and a 5% Military Tax
Ukraine’s parliament has passed the first reading of a landmark bill to legalize and tax digital assets, a strategic move to fund its war effort and stabilize its economy. The...
Taxing Times in Ukraine: Crypto Cash-Outs Face 23%, Trading Exempt
Ukraine’s National Securities and Stock Market Commission (NSSMC) has proposed taxing cryptocurrency transactions nationwide. Key details from the NSSMC’s submitted framework outline an 18% income tax and a 5% military...
Eastern Europe’s Crypto Adoption Rises Despite War and Uncertainty
Crypto adoption in Eastern Europe is increasing, despite war and regulatory uncertainties. The region received $499.14 billion in crypto between July 2023 and June 2024, representing 11% of global crypto...
BRICS Nations Challenge U.S. Dollar Hegemony, Turning to Gold and Alternative Currencies
Within the BRICS alliance—comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates—a growing movement is underway to diminish the global influence of the U.S....
Binance Charity and Children of Heroes Foundation Unite for Ukraine’s Youth
The ongoing war in Ukraine inexorably takes a huge human cost from its civilians, particularly its children, who are the main victims of this conflict. As highlighted by Binance in...
Ukraine Deputy Prime Minister Wants to Receive Salary in CBDC
At the World Economic Forum, Mykhailo Fedorov, Ukraine’s deputy prime minister, told reporters that he hopes to be the first to receive payment in the country’s new central bank digital...
$54M in Crypto Donations Helps Ukraine’s Defense Efforts
A chunk of the $54 million in crypto donated to Ukraine during Russia’s invasion earlier this year was used to buy weaponry, drones, digital rifle sights, and non-lethal devices. Ukraine’s...
