Crimea to Set Up Blockchain University to Help Countries Evade U.S. Sanctions

Crimea, a disputed territory between Ukraine and Russia, is heading towards the creation of an international center for blockchain technology. Authorities in the Crimean Peninsula regard blockchain technology as a solution for states under international sanctions. Crimea was annexed by the Russian Federation in 2014 following a coup d’etat in Ukraine. The majority of international governments, however, continue to regard Crimea as an integral part of Ukraine.