Author

Topic: Ukraine 'to Crackdown on Separatist Bitcoin Accounts' (Read 783 times)

hero member
Activity: 722
Merit: 500
not going to happen

war going on and Kiev is losing influence daily Grin
sr. member
Activity: 364
Merit: 250
Bitcoin "accounts"?

 Huh

Their plan appears to be shutting down accounts at the local Ukrainian exchange BTCTrade.com.ua.  This won't accomplish anything other than creating a Bitcoin-based economy in Ukraine and among those selling to people in Ukraine.
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
Bitcoin "accounts"?

 Huh
sr. member
Activity: 364
Merit: 250
http://www.coindesk.com/ukraine-to-crackdown-on-separatist-bitcoin-accounts/

Quote
The chairman did not explain how the security service was planning to block the accounts.

In the meantime, Reddit users have fuelled speculation that Ukranian exchange website BTCTrade.com.ua may be inaccessible to domestic Internet users.

If this escalates, it will result in the separatists keeping their funds in BTC and using it directly, instead of converting to local currency at an exchange.  Bitcoin's anti-fragility means every time it is attacked it gets stronger.  Bitcoin is a Saiyan.
Jump to: