The Bill about Bitcoin Legalization in Ukraine Coming In January 2016
Verkhovna Rada of Ukraine will review the bill defining the legal status of Bitcoin. Allegedly, it will be submitted in January, 2016. Michael Chobanian, the founder of Bitcoin Foundation Ukraine told CoinTelegraph about his attempts to develop the text of the bill together with a team of lawyers. If it passes, the bill will help to establish the legal status of Bitcoin in the country. Therefore, ukrianian companies will get the opportunity to make Bitcoin payments and transactions freely. Bitcoin foundation Ukraine works hard to promote Bitcoin in the country, raising people’s awareness....
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The push for bitcoin legislation in Ukraine has been put on hold after Michael Chobanian decided to drop the pursuit. The Bitcoin Legalization Bill of Ukraine may soon be history after the people who were in the forefront decided to call it a day. According to reports, Bitcoin Embassy in Ukraine along with the leading Bitcoin exchange in the region, KUNA have been working on a draft law to make bitcoin legal in the country. The main reason for Michael Chobanian dropping his fight towards legalizing bitcoin in the country is unknown. However, the news publications have quoted him saying....
On December 18, “United Russia” party submitted a new bill to Duma. According to “RosKomSvoboda”, it contains provisions on the partial legalization of Bitcoin. The bill could have some influence on the Russian cryptocurrency market, as well as markets of neighbouring CIS countries. CoinTelegraph conducted a survey of experts to find out the exact mechanisms of such influence. According to Ivan Tikhonov, the head of BitsMedia, “it is unclear how it will influence the market in Russia so there could hardly be any assumptions about its influence on CIS countries”. Tikhonov stated to....
Moscow has adopted a positive stance toward digital assets after its invasion of Ukraine triggered a sharp response from Western nations in the form of sanctions. The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year. The Moscow-based Interfax news agency and Reuters reported Friday that Ivan Chebeskov, who heads the Financial Policy Division within Russia’s Finance Ministry, is actively considering the possibility....
Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up for the Law of Ukraine on Digital Assets. The measure required only 226 affirmative […]
Ukraine is the first country to launch sanctioned bitcoin futures trading on a national exchange. Every part of the world can benefit greatly from bitcoin and blockchain technology. Ukraine seems to be warming up to both concepts as of late. In fact, the region has seen significant bitcoin investment increases. That is quite a significant development and a positive sign of what the future may hold. An intriguing development to keep an eye on, that much is certain. Ukraine is Big on Bitcoin and Blockchain. It is quite interesting to see bitcoin investments in the Ukraine going up. It is....