Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation.

Ukraine’s deputy prime minister wants to be the first user of a planned new central bank digital currency (CBDC) and take his salary in e-hryvnia, he told reporters at the World Economic Forum.

One of Ukraine’s oldest commercial banks, TASCOMBANK, has recommended using blockchain technology after using the Stellar (XLM) network for an electronic money pilot. The bank conducted a pilot related to decentralized technology and recommended the “adoption of to transform the payment landscape of Ukraine.”

A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. (Bitcoin.com)

One of the largest pharmacy chains in Ukraine – ANC Pharmacy – joined forces with Binance to enable customers to pay for medical products and supplies in cryptocurrencies. 

Looking at events of the past two years, long-term holders sold significantly over a seven days period on four different occasions. The four events are:

The International Rescue Committee (IRC) and the Stellar Development Foundation (SDF) have partnered to pilot a blockchain-powered cash disbursement system in Ukraine.

<a href="https://cryptonews.com/tags/ukraine">Ukrainian</a> police officers say they have investigated 600 suspected crimes involving crypto since the start of the year.

The Advisory Council on the Regulation of Virtual Assets, which is dedicated to updating the crypto framework in Ukraine, <a href="https://www.kmu.gov.ua/news/vidbulos-pershe-zasidannia-konsultatsiinoi-rady-z-pytan-rehuliuvannia-virtualnykh-aktyviv" target="_blank">held</a> its first meeting on 1 December.

Working on their national crypto framework, the amendments to the law “On virtual assets,”&nbsp;the Ukrainian regulatory community actively collaborates with international experts. The list includes&nbsp;the international consultancy firm Ernst&amp;Young and the USAID Financial Sector Reform project.&nbsp;