Law enforcers say they are open to cooperation toward legalizing and regulating cryptocurrency technology.
At the World Economic Forum, Ukraine was covered by two top subjects, agriculture and blockchain technology.
The National Bank of Ukraine is mulling over the possibility of introducing blockchain-based electronic hryvnias rather than its own cryptocurrency.
The National Bank of Ukraine is expanding the team working to move the country's national currency, the hryvnia, to a blockchain, according to CoinDesk.
Ukraine will use blockchain technology to manage its registry of farmland, saying its current system is vulnerable to fraud that leads to conflicts over ownership, according to Bloomberg.
Ukraine's justice ministry has begun testing the use of a blockchain to digitally auction seized assets, CoinDesk reported citing Reuters.
Ukraine's first six cryptomats that sell Bitcoins for cash hryvnias have been installed in Kyiv, according to KUNA Bitcoin Agency.
The Ukrainian Cabinet of Ministers on the Financial Stability Board conducted a meeting in late August 2017 to tackle the legal status of virtual currencies like Bitcoin in the country. The ministers have reached an agreement to decide on the issue in three weeks, according to the Coin Telegraph.
Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm's chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere.