Ukraine Has Legalized Bitcoin
The Ukrainian Parliament passed a law that legalized and regulated bitcoin in the country, providing official clarity on the asset which was not previously clear.On September 8th, 2021, the Ukrainian Parliament passed a law that legalized and regulated bitcoin in the country. The bill drafted in 2020 passed with a total of 276 lawmakers supporting the law, and only six against it.The main purpose behind this bill seems to provide clarification on the asset and protect those who own bitcoin, as it was not previously legal or illegal in the country. Though not illegal, Ukrainian law....
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The government of Ukraine legalized crypto and digital assets on its territory. Per an official post, the president of the country Volodymyr Zelenskyy signed a law that legalizes transactions with this asset class. Related Reading | Iranian, Venezuelan OpenSea Users Blocked From NFT Platform Over Russia’s Attack On Ukraine According to the law, crypto exchange […]
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....
Last week, Ukraine legalized cryptocurrency in a near-unanimous vote. And it looks like the former Soviet bloc republic is taking things a step further by making Bitcoin legal tender. Legal tender refers to a lawfully recognized means of exchange to settle a debt or meet a financial obligation. In other words, if enacted, Bitcoin would […]
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