Monitoring of cryptocurrencies to start in Ukraine soon

As a matter of fact, the Ministry of Digital Transformation of Ukraine, headed by Mikhail Fedorov, has entered into a partnership with a large analytical service Crystal Blockchain.

Ministry staff training

The official statement published on the website of the Ministry of Digital Transformation of Ukraine, states, it appears that this agreement implies the training the ministry employees to  monitor crypto transactions.

Statement of the "Ministry of Digital Science"

“As part of the memorandum, members of the Crystal Blockchain team will carry out a series of training on combating money laundering in cryptocurrency for ministry employees.  We hope that such cooperation will allow us to quickly form a legal market for virtual assets in Ukraine,” Kirill Chikhradze, Product Director for Crystal Blockchain said.


This memorandum will help employees of the Ministry of Finance to independently monitor and verify suspicious transactions with digital assets in the future.