Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says

A cryptography class designed for Ukrainians has started on a government-run portal, the minister announced.” More than 20,000 people have enrolled in the educational course in a war-torn country that maintains the goal of becoming the “best crypto jurisdiction.

Thousands of Ukrainians study bitcoin, mining, and smart contracts

Ukraine’s “Дія. Цифрова освіта” (Dia Digital Education)portalhas launched its first class of courses aimed at improving the “crypto literacy” of Ukrainian citizens, the country’s Minister of Digital Transformation Mykhailo Fedorov announced.

A government official quoted by crypto news outlet Forklog stressed that the course may become “the largest in the history of Ukraine’s virtual asset development.” More than 20,000 applicants have already signed up, he added.

The educational program, which is completely free to participants, will provide 100 hours of theory and practice on the history of money and the development of bitcoin.

Other topics covered include Ethereum and smart contracts, mining and consensus algorithms, cold and hot wallets, as well as the opportunities and risks of cryptocurrency trading.

The initiative stems from a partnership between the Ministry of Digital, Ukraine-based crypto exchange Whitebit, the Filecoin Foundation, and social metaverse platform Atlantis World. in December, Fedorov announced it when he tweeted, “The goal is to make Ukrainians crypto-advanced.”

Ukraine’s parliament, the Verkhovna Rada, passed a law “on virtual assets” in mid-February of last year. Despite the Russian invasion that began later that month, the government has continued its efforts to regulate and develop the crypto market.

Speakingto journalists at the World Economic Forum in Davos in January, Fedorov confirmed Kiev’s “very ambitious plan” to make Ukraine “the most digitized country” and “the best crypto jurisdiction in the world” in the next two years. Ukraine is already a regional leader in terms of cryptography adoption.

The attacked country also relies on donations in many coins to raise funds for defense and relief efforts. A recent report by blockchain analytics firms Elliptic and Chainalysis revealed that the country collected over $212 million in crypto during the war, nearly $70 million of which was collected in government-provided wallets.

Image credit: Shutterstock, Pixabay, Wiki Commons

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