The Ukraine invasion shows why we need crypto regulation By Cointelegraph

May 8, 2022


The Ukraine invasion exhibits why we’d like crypto regulation

Shortly after the Russian invasion of Ukraine started, the Ukrainian authorities tweeted a request for funds within the type of (BTC), Ether (ETH) and (USDT). The overall acquired now stands at greater than $60 million, in line with Michael Chobanian, founding father of Kyiv-based Kuna Change and president of the Blockchain Affiliation of Ukraine, who posts common updates by way of his Twitter (NYSE:) account.

Not like help being pledged by governments world wide, these funds had been obtainable to the Ukrainian navy inside minutes — not weeks.

Uldis Tēraudkalns is the CEO of NexPay, a Lithuanian fintech startup offering banking infrastructure for the digital belongings trade. Uldis has greater than a decade of expertise working in finance and managing enterprise investments, the place he has served on the boards of various corporations. Uldis holds a Grasp’s Diploma in Finance from the Stockholm Faculty of Economics and is a co-host of The Pursuit of Scrappiness, a number one enterprise and startup podcast within the Baltics.