Ukraine Vice PM Hopes to Get Paid in CBDC e-Hryvnia
During a statement at the World Economic Forum in Davos, Switzerland, Ukrainian vice prime minister Mykhailo Fedorov expressed his hopes for the nation’s crypto sector. Fedorov is confident Ukraine could soon lead other countries in effective crypto jurisdiction. Although still in the pilot phase, Fedorov intends to be the first to test the country’s forthcoming CBDC, the e-hryvnia. Fedorov Acknowledges Ukraine’s Wartime Fundraise As of June last year, Ukraine had netted more than $500 million in donations. Crypto funds made more than 30% of the donations. The huge crypto involvement saw the country even turn to sales of NFTs to raise funds for the military. According to Fedorov, the country’s interest in crypto is just starting. According to Fedorov, with new legislation on the way, Ukraine has a shot at becoming the “world’s leading jurisdiction” for virtual assets. Ukrainian Vice PM Mykhailo Fedorov (Right) with Tiktok Executive Theo Bertram at World Economic Forum...