Ukrainians received about $400 million in profit from bitcoin investments, ranking 10th highest in the world,
according to the Digital Transformation Ministry, citing a study by Chainanalysis. The top three were: US – $4.1 billion; China – $1.1 billion; and Japan – $900 million. Six months ago, the Rada approved on first reading a bill, ‘On Virtual Assets,’ which would provide legislative regulation of a market for crypto-assets. Oleksandr Bornyakov, deputy minister of Digital Transformation, said: “Citizens and crypto companies will be able to officially work and receive income from operations with new assets. The incomes