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Ukraine demands local crypto businesses to provide financials

August 1, 2023


The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information.

The National Bank of Ukraine (NBU) has demanded four local crypto firms provide financial statements for the first two quarters of 2023: Kuna, CoinPay, GEO Pay and Qmall. The NBU has requested that the crypto businesses provide the financials within seven days.

Kuna exchange founder and CEO Michael Chobanyan shared the news about the latest NBU request on July 3, citing a document distributed by the Ukrainian Telegram news channel, Politics of the country.

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