Kuna

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The New Markets countries share several characteristics in common - and these characteristics represent opportunities for KUNA
The level of distrust to the traditional financial institutions in some countries reaches 70%
The level of unaccounted for size of economy (cash) up to 60% of GDP
High inflation stimulates for savings in FIAT currencies (USD, EUR, CHF) instead of national ones
restrictions and additional costs on FIAT foreign currency exchanges imply higher costs to the end users

Team Connections

Mike Chobanyan, is Co Founder and member of the board at Bitcoin Foundation Ukraine

Mike Chobanyan

Founder Kuna Bitcoin Agency and Bitcoin Foundation Ukraine (BFU)

Graduate EMBA at Columbia University, London Business School and Hong Kong University Bachelor of Economics (City University London) More than 7 years of experience in the telecommunications market. Bitcoin enthusiast In 2014 founded the first Bitcoin agency in the CIS and Eastern Europe - Kuna Bitcoin Agency One of the founders of the Bitcoin Foundation Ukraine (BFU) In September 2014 opened the first Bitcoin embassy in the CIS The leader of the initiative group "Bitcoin License Ukraine". The ideologist of the platform "CryptoRus"

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