According to a Ukrainian government official, the United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry.
Citing Ukraine’s recent memorandum of understanding with Binance to collaborate on creating crypto legislation in the country, Bornyakov said, “After we announced it, we began receiving requests from Bittrex, from Coinbase.”
According to, Cointelegraph they contacted both exchanges for clarification and a Bittrex spokesperson denied Bornyakov’s statement, saying, “We would like to confirm that no one from Bittrex Global has been in contact with an official of the Ukrainian government.” Another spokesperson said:
“Bittrex is committed to helping foster innovation of blockchain technology around the world. However, Bittrex has not reached out to Ukraine’s Deputy Minister of Digital Transformation to partner with them.”
Both Bittrex and Bornyakov are yet to respond to this.