Ukraine’s Cryptocurrency Ecosystem Under Scrutiny: New Report Highlights Rise in Illicit Activity

A recent report from the UK’s Royal United Services Institute (RUSI) sheds light on a concerning trend: the growing use of cryptocurrency in illicit financial activities within Ukraine. While this digital asset sector is still evolving, it brings with it unique challenges. The report highlights the need for swift action to address Ukraine’s burgeoning role as a hub for money laundering.