Organized crypto classes for Ukrainians have started on a government-run portal, a minister has announced. More than 20,000 people have signed up for the educational course in the war-torn country that maintains a goal of becoming “the best crypto jurisdiction.”
Thousands of Ukrainians will study about Bitcoin, mining and smart contracts
Action of Ukraine. Digital education’ (Diia Digital Education) portal has started the first classes of a course aimed at improving the “cryptographic literacy” of Ukrainian citizens, the country’s Minister of Digital Transformation Mykhailo Fedorov announced.
Quoted by crypto news outlet Forklog, the government official emphasized that the course may become “the largest in the history of virtual asset development in Ukraine.” More than 20,000 applicants have already registered, he added.
The educational program, completely free for the participants, will consist of 100 hours of theory and practice during which they will learn about the history of money and the development of Bitcoin.
Other topics include Ethereum and smart contracts, mining and consensus algorithms, hot and cold wallets, as well as opportunities and risks of cryptocurrency trading, the report details.
The initiative stems from a partnership between the Digital Ministry, Ukraine-rooted crypto exchange Whitebit, the Filecoin Foundation, and Atlantis World, a social metaverse platform. It was announced in December when Fedorov tweeted that the “goal is to make Ukrainians a crypto-advanced nation.”
The Ukrainian parliament Verkhovna Rada passed a law “On Virtual Assets” in mid-February last year. Despite the invasion of Russia, which began at the end of that month, the government has continued its efforts to regulate and develop the crypto market.
Speech Speaking to reporters during the World Economic Forum in Davos in January, Fedorov confirmed Kiev’s “very ambitious plan” to make Ukraine “the most digitized country” in the next two years and “the best crypto jurisdiction in the world.” Ukraine is already a regional leader in terms of cryptocurrency adoption.
The nation under attack has also relied on donations in various currencies to raise funds for its defense and relief efforts. Recent reports from blockchain analytics firms Elliptic and Chainalysis revealed that the country has raised more than $212 million in cryptocurrency during the war, nearly $70 million of which in wallets provided by its government.
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