Over 20,000 Ukrainians enroll in free crypto courses, official says – Bitcoin News

Crypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered 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

Ukraine’s ‘Дия. The Цифрова областьа’ (Diia Digital Education) portal has started the first classes of a course to improve the “encryption knowledge” of Ukrainian citizens, the country’s Minister of Digital Transformation Mykhailo Fedorov announced.

Cited by the crypto news Forklog, the authorities emphasized that the course could become “the largest in the history of the development of virtual assets in Ukraine.” Over 20,000 applicants have already applied, he added.

The educational program, which is completely free for participants, will include 100 hours of theory and practice where they will learn about the history of money and the development of Bitcoin.

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

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 crypto-advanced nation.”

Ukraine’s parliament, the Verkhovna Rada, adopted a law “On Virtual Assets” in mid-February last year. Despite Russia’s invasion, which began at the end of that month, the government has continued to work to regulate and develop the crypto market.

Speaking to reporters during the World Economic Forum in Davos in January, Fedorov confirmed Kyiv’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 crypto adoption.

The attacked nation has also depended on donations in a variety of coins to raise funds for defense and relief efforts. Recent reports from blockchain analytics firms Elliptic and Chainalysis revealed that during the war, the country has collected over $212 million in crypto, with nearly $70 million in wallets provided by the government.

Do you think the education course for Ukrainians will help increase crypto adoption even more? Tell us in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’ quote: “To be a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.