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New research supported by Ukraine’s Ministry of Digital Transformation says the lack of regulation forces web3 startups to incorporate in foreign jurisdictions. A new research report conducted by the Ukrainian Web3 Institute, titled “Web3 for Ukraine: Talk to Founders,” has outlined the key issues that have hindered the adoption of web3 technologies in war-torn Ukraine. According to the document, the lack of clear guidelines on how to interact with government institutions has made it difficult for web3 startups to collaborate with government agencies. “Projects are ready to cooperate with government institutions and even provide them with their products free of charge, but the employees of the institutions themselves refuse to do so due to the lack of clear official rules for working with web3 technologies.” Ukrainian Web3 Institute You might also like: Ukraine seizes $1.5m in crypto from former official The Ukrainian Web3 Institute has c...

President Biden has requested $24 billion in taxpayer money for supporting war efforts in Ukraine. The request is the first by the president since Republicans took over the House in January. JUST IN: 🇺🇸 President Biden asks Congress to send another $24 billion of taxpayer money to Ukraine. — Watcher.Guru (@WatcherGuru) August 10, 2023 Party leaders and representatives in Congress have been split since the start of the war in Ukraine about sending even more money and aid to the country. The request will test whether the U.S.’ effort to bolster Ukraine retains the bipartisan support it had over the past 8 months. “The president has reaffirmed that we will stand with Ukraine as it defends its sovereignty for as long as it takes, a strategy that has successfully united our allies and partners and equipped Ukraine to defend itself against Russian aggression,” Shalanda D. Young, the director of the White House Office of Management and Budge...