According to mandatory asset disclosures, cryptocurrency investments have gained in popularity among Ukrainian lawmakers in recent years. As per the media reports, a member of the Virovsky village council in western Rivne oblast claimed to have 124 BTC, which would be worth about $ 8 million at today’s market.
Vladimir Pachesny bought the coins in early 2013 for 73,920 hryvnia, or a little over $ 2,800, at the time of purchase, using the inflated Ukrainian fiat currency’s current exchange rate. With his bitcoin acceptance and possession statements this year, the 36-year-old local MP also acquired 500 shares of Tesla, a U.S. electric car manufacturer, sending crypto values upward.
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