Ukraine Could Recover $10 Billion with Proper Cryptocurrency Regulation

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-08-29 22:19:02

BTCCSquare news:

Ukraine stands to recover over $10 billion in lost revenues through adequate cryptocurrency regulation, according to a study by the Royal United Services Institute (RUSI). The war-torn nation's unregulated crypto market has become a haven for criminal activity, from corrupt officials to Russian military operations exploiting the lack of oversight.

The Kyiv Independent highlights that enforcing the stalled 2022 "On VIRTUAL Assets" law could help law enforcement crack down on money laundering, identify illicit actors faster, and generate more than $200 million in tax revenue from crypto exchanges. Ukraine boasts one of the world's highest crypto ownership rates but remains without a comprehensive regulatory framework.

By:

Log in to Reply

Hedera HBAR Slides 5% Amid Heavy Selling Pressure, Tests Key Support at $0.226

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.