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Finance Minister Says Ukraine Will Block Crypto Wallets Due To Illicit Funds

Claudia Rivera

Summary: In order to stop illegally grabbed assets, the Ukrainian authorities will soon be able to block crypto wallets and detect how those funds are being spent (Coin Telegraph).  A report on Ukraine's Finance Ministry website states that investigators will be allowed to look through "analytical product." According to Oksana Markarova, Ukraine's Finance Minister, this approach ...

In order to stop illegally grabbed assets, the Ukrainian authorities will soon be able to block crypto wallets and detect how those funds are being spent (Coin Telegraph). 

A report on Ukraine's Finance Ministry website states that investigators will be allowed to look through "analytical product." According to Oksana Markarova, Ukraine's Finance Minister, this approach proved successful for a number of investigations. Markarova states that although it is impossible to halt crypto transactions, blocking wallets is possible with private keys.

By Claudia Rivera

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