Ukraine promises sanctions over Russia’s use of Bitcoin in foreign trade: report

Ukraine is gearing up to block Russia’s use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works. The government of Ukraine has unveiled plans to impose “sanctions and other solutions” aimed at blocking Russia‘s use of Bitcoin (BTC) for international payments, just a day after Russia’s finance minister Anton Siluanov […]
Ukraine set to legalize crypto by 2025 under strict regulations
Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives. Source link