KUNA Exchange Owner In Charge Of Ukrainian Government’s Virtual Crypto Fund
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KUNA Exchange Owner In Charge Of Ukrainian Government’s Virtual Crypto Fund

THELOGICALINDIAN - Through Bloombergs account with KUNAs Michael Chobanian we can apprentice a lot about presentday Ukrainian activity The mans job is to use cryptocurrencies to achieve affairs at ablaze acceleration And to administer the crypto donations Ukraine gets from all over the apple Before the war Chobanian was the name abaft the KUNA barter and the arch of Ukraines Blockchain Association Now he runs the countrys basic government crypto fund

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“I knew that there would be a time in the approaching back crypto would comedy a basic role. I never absurd it would be because of a war, that was absolutely not my plan,” Chobanian told the publication. Before the account begins, though, the commodity highlights how important the mentioned crypto armamentarium has been:

What can we apprentice about cryptocurrencies from the KUNA CEO interview? A lot, as it turns out.

Ukraine’s Crypto Scene Before The War

According to KUNA’s Michael Chobanian, “Ukraine is really, absolutely big on crypto, and now it is alike bigger. Now anybody knows about it.” Before the war, though, his country was:

BTCUSD amount blueprint for 04/01/2022 - TradingView

What Does KUNA’s Michael Chobanian Do?

Chobanian defines himself as ”a crypto broker for the government,” and claims that his “role is to accumulation my bodies with all the aliment that they crave and accomplish abiding that we can pay as fast as possible.” However, what does he do, exactly?

Then, the KUNA executive  explains crypto’s address in a few lines:

In Ukraine, Cash Is Trash & Crypto Is King

The war, and the communicable before, accept put things into perspective. Now, the Ukrainians apperceive for abiding what we’ve doubtable for years. According to KUNA’s Michael Chobanian:

Related Reading | Bitcoin Importance Grows In Ukraine Amidst Conflict

According to the KUNA CEO, “Now the best admired anatomy of money in Ukraine is crypto.” It’s portable. It’s adequately fungible. And, best chiefly in war times, it settles at lightning speed. Back to Chobanian:

Lately, it seems like the accomplished apple has become an advertisement for cryptocurrencies. It’s a abashment that the affairs are this gloomy, but the actuality remains. Cryptocurrencies break problems and are actuality to stay.