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Michael Chobanian
President of the Blockchain Association of Ukraine and founder of the Kuna Exchange, advocating for cryptocurrency adoption in Ukraine.
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May 24, 2022
• 1h 10min
How Ukraine’s wide use of cryptocurrency is playing out during the war
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Michael Chobanian, the President of the Blockchain Association of Ukraine and founder of the Kuna Exchange, shares insights on cryptocurrency's pivotal role in Ukraine during wartime. He discusses the Ukrainian government's pioneering efforts in crypto donations, which have exceeded $60 million, and the recent legalization of digital assets. Chobanian highlights the decline in crypto transactions as citizens prioritize survival, while stressing the need for decentralized finance as a stable alternative in times of economic instability and mistrust in traditional banking.
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