Fourteen Ukrainian officials receive training from the Organization for Security and Co-operation in Europe and the UN Office on Drugs and Crime to boost their digital crime skills.
Ukraine released its draft artificial intelligence roadmap, seeking to aid businesses in adopting the country's AI regulation that is set to be rolled out in 2024 and help prepare the ecosystem for the EU AI Act.
The group of investors from Russia who lost $12 million are suing Atomic Wallet for failing to inform them or the authorities about the $100 million hack.
Ukraine adds a new layer of security to ensure the legitimacy of digital asset transactions, a move criticized by industry stakeholders who claimed it could hinder the country's Web3 innovation.
The exchanges mentioned in the bust include 24xbtc.com, 100btc.pro, pridechange.com, 101crypta.com, uxbtc.com, trust-exchange.org, bitcoin24.exchange, paybtc.pro, and owl.gold.
Ukraine, which isn’t a full member of the European Union yet, will implement the region’s digital asset regulation framework MiCA, which was voted in just this month.
After Russia invades Ukraine, sanctions are back on the agenda, and when it comes to getting around them, misuse of digital assets appears to be essential.
Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the existing Tax Code of Ukraine.
The digital hryvnia will effectively perform all the functions of money while “supplementing the cash and non-cash forms of the hryvnia,” according to the National Bank of Ukraine.
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban.
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on tightening rules on Russia, with chair Sherrod Brown (D-OH) referencing the need to enforce "economic sanctions."
Citizens are still permitted to invest in the market with their foreign currency, but they are restricted from spending more than UAH 100,000 (equivalent to $3,300) a month.
