Tag: ukraine

Forex24 to open research & development centre in Kyiv
May 26, 2021 BY Steffy Bogdanova

Forex24 to open research & development office in Kyiv

Georgios Ioannou, head of Research and Development at Forex24, said: We expect the coming years to bring thrilling innovations for forex trading, as the industry matures and more people are using to this type of trading. With our new R&D centre, we believe we can be at the forefront of innovation. We are looking to…

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March 05, 2020 BY Steffy Bogdanova

Sweden calls for action on Ukraine crypto fraud scheme

The Swedish Minister of Foreign Affairs Ann Linde has urged Ukraine to take action against the alleged cryptocurrency fraud operation targeting vulnerable inexperienced investors in Sweden, Australia, New Zealand and UK. Swedish national newspaper Dagens Nyheter (DN) exposed the so-called “fraud factory”, operating from Kyiev after investigation. Ukraine-based Milton Group allegedly defrauded investors by offering…

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October 11, 2017 BY Mariela Naydenova

The First House To Be Sold Entirely Through Blockchain

In September 2017, a house was sold on the blockchain technology for the first time. The property is a flat with a price of $60,000 in Kiev, Ukraine, reported New Scientist. The transaction was facilitated entirely through Ethereum using cryptocurrency. Instead of paper contracts and fiat money exchanged, the founder of tech news site TechCrunch, Michael Arrington,…

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June 19, 2017 BY admin

The National Bank of Ukraine eases interbank forex trading controls

The National Bank of Ukraine (NBU), the central bank of Ukraine and acting regulator has announced simplified rules governing trading in foreign currency and investment metals in the interbank FX market of Ukraine and the international FX market. First, the simplified rules shall apply to forward FX transactions. The NBU has allowed banks to perform…

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August 19, 2016 BY Valentina Kirilova

PrivatBank launches prepaid products in Ukraine together with InComm

PrivatBank has announced it has partnered with the prepaid product and transaction services company InComm to launch prepaid products to its customers in Ukraine. The partnership between the two companies will afford Ukrainian customers the opportunity to purchase prepaid codes and immediately top up their or anyone else's account without incurring any additional fees. Olga…

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February 26, 2015 BY Andrew Saks-McLeod

IMF ready to throw Ukraine a lifeline

The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues

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