Page 63 - UKRRptOct22

9.1.7 TMT sector news
Ukraine has become one of the three world leaders in cryptocurrency usage. Ukraine took the third position in the global index for adopting cryptocurrencies, according to research from analytical blockchain company Chainalysis. According to Minister of Digital Transformation Mykhailo Fedorov, the ministry's team is focusing on developing and legalizing the crypto industry in Ukraine. The "On virtual assets" law was developed and signed by President Zelenskiyy in March. Work continues in cooperation with the Securities and Stock Market Commission on the draft law to amend the tax code to determine the taxation methods for virtual asset transactions. "We want to create the most favorable conditions for developing crypto-business in Ukraine. This is so that global crypto companies can legally enter Ukraine and conduct business using the banking system. And for Ukrainians - to declare and protect their income in virtual assets," Fedorov summarized.
Ukraine’s IT army has attacked the Russian Mir payment system.
Ukrainian IT activists are conducting a DDoS attack on the Russian Mir payment system and its operator, the National System of Payment Cards, the IT Army of Ukraine reported. The volunteer collective generated system traffic using browsers or primitive DDoS tools to disrupt payments and terminals. The IT army also announced an attack on eKassir, which is engaged in developing and maintaining the full payment operation cycle. The goal remains the same - interruptions in the passage of payments and the operation of terminals. In addition, the activists targeted the public services portal of the Russian Federation. They pointed out that this is not just a site or an application. The resource is integrated into hundreds of third-party services and services that are involved in the state, economic and military spheres in the Russian Federation.
63 UKRAINE Country Report October 2022 www.intellinews.com