The government of Ukraine is planning to crackdown separatists' bitcoin accounts operational in the Eastern regions of Lugansk and Donetsk, according to recent reports.
Valentyn Nalyvaychenko, the chairman of Ukraine's security service told iPress that even card and bank accounts would not be exempted.
"The financing of terrorism in the territory of Ukraine is carried out not only by the cash coming from Russia, but also through attempts to make money through electronic systems [...] we will work to block cards and bitcoin accounts being used by the separatists", Nalyvaychenko said.
The chairman, however, did not mention how the security service was planning to block the accounts.
Digital Currency
Ukraine to block separatists’ bitcoin accounts
The government of Ukraine is planning to crackdown separatists' bitcoin accounts operational in the Eastern regions of Lugansk and Donetsk, according to recent reports.Valentyn Nalyvaychenko, the chairman of Ukraine's se…
1 min read
Related articles
Digital Currency
XRP Ledger Activates Amendment Tightening Token and AMM Rules
The `fixCleanup3_4_0` update blocks some delegated payments that would create tokens and refines rounding for Single Asset Vault operations.
Digital Currency
Bitcoin Wallet Accumulates 3,009 BTC in $228 Million Move
Lookonchain said the address had been inactive for more than a year.
Digital Currency
BVNK Opens Direct OUSD Minting and Redemption to Eligible Businesses Outside EEA
Customers can convert dollar balances at a 1:1 rate and send or receive OUSD on Ethereum, Solana, Base and Tempo.


