The number of Ukraine’s officials disclosing crypto assets has more than doubled since Russia’s invasion, with Tether and Bitcoin as the most popular holdings.
Tether (USDT) leads with 802 filings, while Bitcoin and Ethereum follow closely behind as the top declared assets by Ukrainian government employees.
Several former top Ukrainian officials have disclosed substantial crypto holdings, though some have also reported losing access to their digital wallets amidst ongoing conflict.
The rising number of Ukrainian officials declaring their holdings in cryptocurrency is more than twofold from the beginning of Russia’s full-scale invasion in 2022, with stablecoin Tether (USDT) and Bitcoin (BTC) becoming the two most popular digital assets used by government employees.