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The crypto capital of the world

By David Segal and Ivan Nechepurenko
New York Times·
15 mins to read

It has to be somewhere. Why not Ukraine?

A buccaneering 37-year-old educated in a British private school, Michael Chobanian is fluent both in English and the folkways of Ukraine, which he regards as a largely lawless frontier and which he likes to traverse in his black Ferrari 612. He is the founder of Kuna, one of Eastern Europe's first cryptocurrency exchanges. To him, his native country is a terrific place to run a business, as long as you have the

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