Business news from Ukraine

Business news from Ukraine

Cryptocurrency market shows steady growth in early August 2025 – Fixygen

The cryptocurrency market is showing steady growth in early August 2025. The price of Bitcoin (BTC) on August 5 exceeds $114,900, while Ethereum (ETH) is trading at $3,685, according to data from leading exchanges and analytical platforms.

According to information from trading platforms, Bitcoin remains in the $113,900–$115,600 range. Ethereum is showing more active dynamics and grew by more than 40% in July, facilitated by institutional accumulation and growing interest in ETH-based ETF products.

Analysts attribute ETH’s growth to increased institutional interest — according to Reuters, the total portfolio of public companies in ETH exceeded 966,000 coins (about $3.5 billion), making Ethereum the No. 1 asset for corporate crypto trading in 2025.

Against this backdrop, ETH’s technical potential is estimated at $4,100 in the short term and $6,000–8,000 by the end of the year, provided that resistance above $4,000 is overcome.

At the same time, the Bitcoin price remains stable despite the seasonal August decline in activity. In the short term, BTC could reach $120,000–122,000, according to Cryptonews.

Major altcoins are showing mixed movements. XRP has recovered to $3.65 after a correction and, according to analysts’ forecasts, could reach $5 if the overall market growth continues. Solana (SOL) is receiving support from the DeFi and NFT segments, with a possible rise to $240–247 during August. Dogecoin (DOGE) shows limited potential despite short-term spikes. It is expected to move in the $0.20–0.23 range if market conditions are favorable.

Overall, analysts expect moderately positive dynamics in August amid growing demand from institutional investors and continued interest in crypto ETFs. Potential range: Bitcoin — $115,000–120,000, Ethereum — $3,800–4,200, XRP — $4.20–5.00, Solana — $235–250.

A correction is possible in September amid a traditional slowdown in activity and expectations of decisions from the US Federal Reserve. However, fundamental factors (growth of ETF structures, a positive regulatory environment in the EU and the US, interest in staking and DeFi) create the conditions for the upward trend to continue in the fourth quarter of 2025.

 

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Ukrainian security company to hold annual general meeting of shareholders on August 8

Private Joint Stock Company (PJSC) Ukrainian Security Company, which operates in the security services sector, will hold its annual general meeting of shareholders remotely on August 8, 2025.

This is stated in an official announcement posted on the SMIDA system (the official resource of the National Securities and Stock Market Commission).

The meeting will be held in the form of absentee voting, using electronic means of communication. Shareholders will be registered on the basis of the ballots submitted in accordance with the company’s charter.

The agenda includes standard items:

– approval of the annual report for 2024;

– distribution of profits and losses;

– election and re-election of members of the supervisory board;

– extension of the auditor’s powers;

– possible changes to corporate documents.

A private joint-stock company registered in Ukraine carries out licensed activities in the provision of security services for individuals and legal entities. The company has been operating on the market for over 10 years.

The company has an extensive network of representative offices in several regions of Ukraine.

Kyiv Automation Plant holds annual general meeting of shareholders

The public joint-stock company Scientific and Production Association Kyiv Automation Plant is holding its annual general meeting of shareholders today, August 5, 2025, in a remote format. This was reported in the official SMIDA system.

The meeting is intended to consider key corporate issues:

– approval of the financial report for 2024;

– distribution of profits and losses;

– election of members of the supervisory board;

– appointment of an auditor for 2025–2026;

– possible amendments to the charter and corporate decisions on development.

Voting will take place via an electronic platform, with prior registration of shareholders and submission of ballots in accordance with statutory requirements.

PJSC “NVO ”Kyiv Automation Plant” (EDRPOU code 14309356) was registered on August 4, 1998. The authorized capital is UAH 25.916 million.

 

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US is preparing for “golden age” of cryptocurrencies: White House has presented new strategy

The US White House’s Digital Assets Working Group has presented a strategic report with recommendations for forming a new regulatory framework for the crypto industry. This document is intended to lay the foundation for a “golden age of cryptocurrencies” in the United States, against the backdrop of tighter controls in the EU and China.

The group includes key figures:

• Secretary of the Treasury Scott S. Mnuchin;

• Secretary of Commerce Wilbur Ross;

• SEC Chairman (Securities and Exchange Commission) Paul Atkins.

Key provisions of the document

1. Division of powers between the SEC and CFTC. Cryptocurrencies will be classified according to a clear taxonomy:

Tokens with characteristics of securities (e.g., utility tokens or ICO projects) will remain under SEC control.

Commodity tokens, including Bitcoin and Ethereum, will fall under the CFTC’s jurisdiction, including spot markets.

Comment by Paul Atkins (SEC):

“A rational regulatory framework is the best way to protect investors, ensure transparency, and maintain U.S. leadership in global capital markets.”

2. Support for stablecoins as a geo-economic tool

The document emphasizes:

• the importance of dollar-pegged stablecoins for US global financial dominance;

• the need for legal control over their issuance;

• mandatory cooperation between issuers and law enforcement agencies, including the possibility of freezing or seizing digital assets.

3. Ban on the development of a digital dollar (CBDC)

The working group recommends officially abandoning the idea of a state digital currency, arguing that it poses a threat to privacy and expands the powers of the Federal Reserve. This is in line with Donald Trump’s position, who said that a digital dollar is “a path to totalitarian control.”

4. Tax reform

Proposals

• Create a separate tax regime for digital assets

• Recognize cryptocurrencies as a separate class of property

• Take into account the specific features of staking, DeFi, DAO, and other forms of digital income

5. Involvement of traditional banks

The White House proposes to allow US banks to legally provide cryptocurrency storage services, as well as related investment and settlement products. This is a way to increase competition with crypto exchanges and attract institutional capital.

The US is betting on crypto leadership, but in its own way.

• The new approach differs from the models of China and the EU. While Beijing is building total digital control through the yuan-CBDC, and Europe is strictly regulating DeFi and introducing wallet licensing, the US is choosing a liberal-institutional path without abandoning market initiative.

• Rejecting CBDC is a move that will delight privacy advocates but could weaken the US’s position in the international competition for digital currencies. However, there is also political pragmatism behind this decision: with the 2024 elections looming, this position is advantageous for Trump and his electorate.

• Recognition of the role of stablecoins suggests that the White House no longer sees them as a threat. On the contrary, they are becoming a tool for projecting US monetary policy on a global scale.

• In the future, a new tax jurisdiction could be implemented to encourage crypto startups to return from offshore locations and registrations in Singapore, Malta, and the UAE back to the US.

Comment from the Trump team

The report does not directly mention Bitcoin reserves, but Bo Hines, Trump’s cryptocurrency advisor, said:

“The infrastructure for Bitcoin reserves is already being developed. Details will follow.”

This confirms that crypto could become part of Trump’s economic platform in 2025.

The White House working group’s report marks a turning point — the US is not only not banning crypto, but is preparing to take control of the global crypto space. If the recommendations are implemented, this will increase the flow of capital into American projects and create standards that the whole world will follow.

Source: https://t.me/relocationrs/1247

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Ukrproduct Group holding company to hold annual general meeting of shareholders

Ukrproduct Group Ltd, one of Ukraine’s leading dairy producers, will hold its annual general meeting of shareholders on August 7, 2025. This was announced in an official notice published on the London Stock Exchange (LSE) on May 30, 2025.

The agenda includes the following items:

approval of the annual financial statements for the 2024 financial year;

election or re-election of members of the board of directors;

approval of the auditor for the next period;

possible amendments to the articles of association and authorizations to issue new shares;

issues related to corporate governance and strategic development.

The board of directors recommended that shareholders approve the annual report and confirm the current management structure. Plans for 2025–2026 are also expected to be discussed in light of volatile consumer demand and logistics adjustments.

Ukrproduct Group Ltd was founded in 2004, and since 2005, the company’s shares have been listed on the Alternative Investment Market (AIM) of the London Stock Exchange under the ticker UKR.L.

The group unites several milk processing enterprises in Ukraine. Its headquarters are located in Kyiv, and its production assets are in the Zhytomyr region. In recent years, the company has focused on improving operational efficiency, expanding export channels, and modernizing production facilities.

 

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Largest fish processing plant in Eastern Europe has opened in Lviv region

PJSC “Lviv Regional Production Fish Factory” has opened an innovative fish processing plant in Lviv region, according to the press service of the State Agency for Land Reclamation, Fisheries and Food Programs.

According to the report, the plant’s capacity of 6,800 square meters allows it to process up to 25 tons of raw materials and produce 12.5 tons of finished products daily. Both fish from its own farms and imported raw materials are used for production.

The plant has three levels: two production floors and a technical floor where the engineering systems are located. The space is divided into four main areas: ramps for loading raw materials and shipping finished products, “wet” rooms for processing raw, salted, and smoked fish, “dry” rooms for the production of preserves and semi-finished products, and sanitary and utility rooms for personnel.

The plant has implemented international food quality and safety management systems (ISO 9001, ISO 14001, ISO 22000), which will enable the company to not only supply the domestic market but also export its products.

Once full production capacity is reached, 283 new jobs will be created. The company currently employs 82 people. Last year, it produced 1,382 tons of products and paid UAH 6.4 million in taxes to the budget.

Plans include expanding the export line, introducing biotechnologies for waste disposal, creating a related feed production facility, and entering new international markets.

“We are honored to open the largest fish processing plant in Eastern Europe. This is not just a production facility — it is a strategic step in the development of national aquaculture. We are not only investing in processing, but also changing our approach: from farming to delivering high-quality, safe, and tasty end products to consumers. Thanks to modern technologies, we are improving recipes and striving to change the culture of fish consumption in our country,” said Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture.

According to him, the ministry will continue to work on promoting the consumption of domestically produced fish among Ukrainians. In particular, fish continues to be purchased at auctions on the Prozorro.Prozori platform for the Armed Forces of Ukraine, penitentiary institutions, law enforcement agencies, etc.

 

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