Ukraine Could Take Until 2026 To Legalize Crypto As Tax Debate Continues
Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation. Related Reading: House Democrats To Propose ‘MEME Act’ Bill To Ban Political Memecoins – Report Ukraine’s […]
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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 […]
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions.
Expert Council Meets in Russia to Discuss Law ‘On Digital Currency’
Attempts to legalize and regulate operations with cryptocurrencies are ongoing in Russia, despite the situation surrounding the military assault the Kremlin launched in neighboring Ukraine. An expert council supporting....
Ukraine may soon legalize Bitcoin. The National Bank of Ukraine (NBU) is seriously looking into the possibilities of implementing Bitcoin’s technology into the financial system according to Ukraine’s Bitcoin Foundation (BFU). Ukraine Bitcoin Foundation (BFU) and National Bank (NBU) representatives met on August 19 to get a better understanding of what Bitcoin technology is and how to approach it from a regulatory standpoint. Interestingly, the Director of the Payment Systems Department Natalia Lapko was responsible for organizing this meeting based on a request from the BFU. Her department....
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....
The country’s parliament backed in final reading an updated bill to legalize bitcoin and cryptocurrencies.