Ukraine to Launch Blockchain-based National Currency

Ukraine’s National Bank (NBU) concedes using blockchain technology to issue electronic version of the country’s national currency hryvnia. Electronic hryvnia may be issued as part of the National Bank’s project Cashless Economy.

Russia Wants to Introduce Mandatory Authentication of Cryptocurrency Users

Russia’s deputy minister of finance Alexei Moiseev has stated that users who conduct cryptocurrency transactions have to be identified. According to RNS, the official also believes that cryptocurrencies could be classified as “other property” as described in the country’s civil code.