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Ukraine Wants to Be the Crypto Capital of the World



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What about the corruption that has plagued this country and might daunt would-be émigrés? Future administrations might not allow tech companies to flourish without raids and seizures. Russia threatens from the east. There are also revolutions to worry about. There have been two since 2004.Even without another revolution, Steven Hanke, a professor of applied economics at Johns Hopkins University and a vocal Bitcoin skeptic, argues that the combination of Ukraine and crypto sounds like a fiasco in the making. Most studies he’s seen have found that roughly half of all Bitcoin transactions are for some illegal purpose. To him, this is not an industry that Kyiv should target with enticements.“The country has endemic corruptio …

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