Ukraine Legalizes Bitcoin
The country’s parliament backed in final reading an updated bill to legalize bitcoin and cryptocurrencies.Bitcoin is now legal in Ukraine as its parliament approved in final reading a bill that caters to the president’s recommendations. However, the country has not made bitcoin a legal tender.“The new law is an additional opportunity for business development in our country. Foreign and Ukrainian crypto companies will be able to operate legally, and Ukrainians will have convenient and secure access to the global market for virtual assets,” Mykhaylo Fedorov, Ukrainian minister of digital....
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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 parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses.
Ukraine Legalizes Crypto Activities, Defines Virtual Assets
Ukraine’s Verkhovna Rada, the country’s parliament, has adopted the law “On Virtual Assets” on second and final reading. The legislation regulates operations with....
The Ukrainian Parliament passed a law that legalizes and regulates bitcoin in the country, providing official clarity on the asset which was not previously clear.
The largest digital payments company in India, Paytm, would consider adding Bitcoin trading to its offerings if the government clears regulatory confusion regarding crypto. Paytm Will Consider Offering Bitcoin Trading If The Indian Government Legalizes Crypto As per a report from Bloomberg, Paytm has expressed interest in adding Bitcoin trading to the platform. However, the […]
Ukraine is currently undergoing turbulence and instability due to the Russian invasion. The disagreement between the two countries could be traced back to 2014 in the Revolution of Dignity. This is primarily after Russia annexes Crimea from Ukraine. Furthermore, Russia has fronted another invasion of Ukraine on 24 February 2022. The war between Ukraine and […]