March 28, 2024

Ukraine will track cryptocurrency transactions with the help of Bitfur

The Ministry of Digital Transformation of Ukraine, the government body responsible for crypto regulation, plans to implementBitfuru's phptoanetics, which can be used to make a profit.

It is generally agreed that the agreement on this was signed byJuly 2. The Crustal product, launched by Bitfur in the beginning of 2018, has a programmed stack designed to combat the creeps associated with crypts.

Crustal employees will be served with the ministryexpert knowledge in the field of cryptoanalytics, and the leadership of the ministry will be trained in the profes- sional monitoring of transactions with virtual assets.

According to the ministry, the main purpose of the newcooperation is "fast formation and legalization of the market of virtual assets of Ukraine", in other words, the Ukrainian government plans to plan

Consolidated information on the site Crustal, platformSupports a large number of cryptocurrencies, for example, Bitcoin (BTC), Ether (ETH), Tether (USDT), XRP, Bitcoin Cash (BCH), and also ERC-20 and ERC-721, referred to as Apparently, the system does not support such privacy-oriented coins like Zcash (ZEC) and Monero (XMR).

It is also generally stated that the Crustal software is used by a number of Ukrainian banks, private and state institutions for the monitoring of financial statements.

Bitfurу, the parent company Crуstal Blockchain,is one of the largest blockchain companies in the world. She is known to the fact that she submitted to the Russian authorities the blockchain technology for online voting during the preparations for the Constitution of Russia in 2020.

</p></p>