Does Ukraine support cryptocurrency? The Ministry of Digital Transformation of Ukraine now accepts donations in 14 cryptocurrencies. “Crypto really helped during the first few days because we were able to cover some immediate needs,” says Alex Bornyakov, one of Ukraine’s deputy ministers for digital transformation.
Is Bitcoin allowed in Ukraine? Ukraine’s Central Bank has banned the purchase of crypto as it seeks to preserve the health of its national fiat currency, Hryvnia.
Why did Ukraine legalize Bitcoin? “With the beginning of the war, cryptocurrencies became a powerful tool for attracting additional funding to support the Armed Forces of Ukraine,” wrote Fedorov.
Which crypto is legal in Ukraine? Ukraine has started to accept dogecoin and a number of other cryptocurrencies as donations as Russia continues its invasion. Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country.