11 Dec Ukrainian Village Distributes Dividends From Crypto Investment
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Despite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the villagers.
Also read: Australian Company Issues Loans Backed by Cryptocurrencies
Everyone in Elizavetovka to Receive 100 Hryvnias
When Golosnoy announced the investment this past spring, he emphasized that he hadn’t used any budgetary funds for his “crypto experiment.” Ukrainian media reported the local official had spent some of his own money, around $500, to purchase the cryptocurrency….
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