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57 Ukrainian Officials Declared Over 21,000 Bitcoins

A study of Ukrainian officials’ asset declarations reveals that 57 officials have declared over 21,000 bitcoins with the majority of cryptocurrency holders in the Odessa regional council and the country’s Parliament. A second study shows that in 2017 the largest amount of cryptocurrency declared by a Ukrainian official was in bitcoin cash.

Also read: Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 Million

57 Officials Declared Over 21,000 Bitcoins

57 Ukrainian Officials Declared Over 21,000 BitcoinsAccording to a recent study conducted by Opendatabot, 57 officials in Ukraine have declared ownership of over 21,000 bitcoins (BTC) as intangible assets over the past two years.

Ukrainian officials are required to reveal their assets in an official electronic declarations process designed to reduce corruption. Opendatabot is a service that monitors the registration data of Ukrainian companies and officials. The company found that:

The largest number of bitcoin owners work in the Odessa regional council, in the second place – the Verkhovna Rada of Ukraine.

57 Ukrainian Officials Declared Over 21,000 Bitcoins“According to the research, all officials have [a total of] 21,128 bitcoins,” RBC reported, emphasizing that this number is only an estimate and does not include altcoins or other crypto assets declared in hryvnia.

Opendatabot found that, within the two year period, the largest number of bitcoins declared by a Ukrainian official was by Dmytro Ivanovych Holubov, a People’s Deputy of the Verkhovna Rada. He declared 4,376 BTC in 2015.

Anatoliy Ihorovych Urbansky, Head of the Read More Here