Ukraine is not a small country, this might be the beginning of some good news as we entering the very first quarter of this year. Let's hope that more countries will follow Ukraine's foot's step in adopting cryptocurrency. This is a huge positive impact on the Ukrainian exchange. the best thing with this is, we will see some uptrend in the market with this good news.
Some say that this one is a fake news but hopefully if this is a legit one, this is a great start for crypto to be adopted legally in such a big country. Ukraine people will now have more freedom to control their own money and will start eventually experiencing good advantages of crypto particularly in their own economy. This news will bring additional positive impact on the part of crypto as some countries are still doubtful about it. 
Topic: Crypt is now legal in Ukraine (Read 2096 times)
This is undoubtedly good news. But it’s worth going deeper into the process where this or that amount of money will go. The main thing is the spread of the use of cryptocurrency and official recognition. Then a huge mass of new users will join the crypto community.
That's right. I totally agree with you, this is very good news. will certainly affect the development of crypto more recognized and better known. at least many who want to join in a new project will add to the excitement of investors because the ban no longer exists. hopefully such developments will spread to other countries.
Today many people want to include the cryptocurrency as a payment because they see the potential of the cryptocurrency as a payment to the services and other kinds of stuff and now having a piece of good and great news another country already accepted the use of crypto on their country and they are now improving the use of it to their transaction. We all know that the crypto is one of the fastest purchase today there is no interruption just sending the wallet and the deal is done there is no queue or any hassle about the market trading and also it is secured because the transaction will be happening are exclusive only to the two-person will make the process of payments.
Should we expect a national cryptocurrency from Ukraine?
Ukraine is not a small country, this might be the beginning of some good news as we entering the very first quarter of this year. Let's hope that more countries will follow Ukraine's foot's step in adopting cryptocurrency. This is a huge positive impact on the Ukrainian exchange. the best thing with this is, we will see some uptrend in the market with this good news.
This is undoubtedly good news. But it’s worth going deeper into the process where this or that amount of money will go. The main thing is the spread of the use of cryptocurrency and official recognition. Then a huge mass of new users will join the crypto community.
That's right. I totally agree with you, this is very good news. will certainly affect the development of crypto more recognized and better known. at least many who want to join in a new project will add to the excitement of investors because the ban no longer exists. hopefully such developments will spread to other countries.
Ukrainian Finance Minister said the government is in position "to block crypto wallets" containing " illegally obtained crypto assets" . (I wonder how to?) .
Quote from: https://cointelegraph.com/news/ukraine-to-block-crypto-wallets-for-illicit-funds-finance-minister-says
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
They are going to ask crypto exchanges and banks to do KYC of people who do operations with crypto past certain limit - around $1,200, and they will have to report "suspicious" transactions and regulators might order to freeze assets on those online accounts. They also talk about how they will be using chain analysis to do their verifications.
Also, there's another interesting line that wasn't in the article - the minister said that they don't see crypto being used by corrupt officials, so it should be legalized in long term to boost the economy.
I wonder if crypto holders will pay a crypto tax in case of legalization?
What do you mean by "crypto tax"? People are already supposed to pay a tax on their profits from trading, but since this potential crypto legalization is still miles away - there's no proposed law or even just a plan, no one knows how would the taxes look in case the legalization will happen.
This is undoubtedly good news. But it’s worth going deeper into the process where this or that amount of money will go. The main thing is the spread of the use of cryptocurrency and official recognition. Then a huge mass of new users will join the crypto community.
That's what I want to see in the state out there before Ukraine, Russia and China had already to legalize the crypto currency. and they are not even half-hearted. to accept as basic needs so that it's easy to do though. in some countries have not legalized the crypto currency I really hope that other countries will contribute to the growth of the crypto currency for the whole world.
at least this news becomes positive news that can stimulate other countries to follow the steps of Ukraine. bitcoiners will feel benefited because they can buy goods in many places with the ease of payment using crypto, if mass adoption does occur, I think this will accelerate crypto growth
Glad to hear Ukraine can accept cryptocurrency. Hopefully many other countries will follow in his footsteps.
That's what I want to see in the state out there before Ukraine, Russia and China had already to legalize the crypto currency. and they are not even half-hearted. to accept as basic needs so that it's easy to do though. in some countries have not legalized the crypto currency I really hope that other countries will contribute to the growth of the crypto currency for the whole world.
The country of Ukraine have good taste about opportunity because they become legal crypto to their country or they adoption happen now. I really hope that someday the most of the country or every country have mass adoption of crypto just like uaing in different ways like using in payment in differenr store.
Its great news for the whole crypto world and the lovers of crypto.If it will legalized in ukraine it will be symbol for another countries who are in doubt to legalize the crypto or not.For me allowing crypto to be legal is good for economy and the people who are jobless can earn good income from the crypto platform.Governments of underdeveloped countries must seriously think about the legality of crytpo to stable the economy of the country.
Look ahead which one another country in Europe will legal using bitcoin as payment transaction, Ukraine become example for other country how brave with legal using bitcoin as payment currency with many benefit get it, but at the future when bitcoin keep go ahead with higher price country have legal using bitcoin as payment transaction will got it.Many countries have a corrupt government that lives and rules centralized. I do not think that such countries will pay attention to the example of Ukraine if the legalization of crypto succeeds. They don't care because they will never accept a decentralization and its tools
One of the first who saw the attractiveness of the Ukrainian market was the Binance exchange, which opened its office and account in the Ukrainian Bank IBOX BANK on January 16, 2020. This may indicate that Binance is going to pay taxes from operations with cryptocurrencies.
Hmm, I have not heard about this. In general, I see how Binance is serious about a partnership with institutions of the CIS countries. This is curious, apparently CZ wants to be the first in these regions
In addition, Binance added the Ukrainian hryvnia (UAH) to its cryptocurrency platform. However, this did not happen now, but in November of last year. Opening a Bank account is the next stage in the development of the Binance exchange in Ukraine.
Quote
CZ Binance
✔
@cz_binance
Boom, nice timing! Just a few hours ago, $UAH deposit and withdrawals are enabled on @binance. Buy/Sell of crypto using $UAH will be enabled tomorrow.
Check it out, #Ukraine 5:24 PM - Nov 6, 2019
✔
@cz_binance
Boom, nice timing! Just a few hours ago, $UAH deposit and withdrawals are enabled on @binance. Buy/Sell of crypto using $UAH will be enabled tomorrow.
Check it out, #Ukraine 5:24 PM - Nov 6, 2019
Legalization of crypto? I do not think that in such a difficult period Ukraine will be able to find the opportunities to carry out such a global innovation. This is a very difficult process, but if this happens, Ukraine will join Germany and be free for legal crypto using
One of the first who saw the attractiveness of the Ukrainian market was the Binance exchange, which opened its office and account in the Ukrainian Bank IBOX BANK on January 16, 2020. This may indicate that Binance is going to pay taxes from operations with cryptocurrencies.
Hmm, I have not heard about this. In general, I see how Binance is serious about a partnership with institutions of the CIS countries. This is curious, apparently CZ wants to be the first in these regions
Legalization of crypto? I do not think that in such a difficult period Ukraine will be able to find the opportunities to carry out such a global innovation. This is a very difficult process, but if this happens, Ukraine will join Germany and be free for legal crypto using
One of the first who saw the attractiveness of the Ukrainian market was the Binance exchange, which opened its office and account in the Ukrainian Bank IBOX BANK on January 16, 2020. This may indicate that Binance is going to pay taxes from operations with cryptocurrencies.
Ukrainian Finance Minister said the government is in position "to block crypto wallets" containing " illegally obtained crypto assets" . (I wonder how to?) .
Quote from: https://cointelegraph.com/news/ukraine-to-block-crypto-wallets-for-illicit-funds-finance-minister-says
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
They are going to ask crypto exchanges and banks to do KYC of people who do operations with crypto past certain limit - around $1,200, and they will have to report "suspicious" transactions and regulators might order to freeze assets on those online accounts. They also talk how they will be using chain analysis to do their verifications.
Also, there's another interesting line that wasn't in the article - the minister said that they don't see crypto being used by corrupt officials, so it should be legalized in long term to boost economy.
I wonder if crypto holders will pay a crypto tax in case of legalization?
What do you mean by "crypto tax"? People are already supposed to pay a tax on their profits from trading, but since this potential crypto legalization is still miles away - there's no proposed law or even just a plan, no one knows how would the taxes look in case the legalization will happen.
Ukrainian Finance Minister said the government is in position "to block crypto wallets" containing " illegally obtained crypto assets" . (I wonder how to?) .
Quote from: https://cointelegraph.com/news/ukraine-to-block-crypto-wallets-for-illicit-funds-finance-minister-says
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
They are going to ask crypto exchanges and banks to do KYC of people who do operations with crypto past certain limit - around $1,200, and they will have to report "suspicious" transactions and regulators might order to freeze assets on those online accounts. They also talk how they will be using chain analysis to do their verifications.
Also, there's another interesting line that wasn't in the article - the minister said that they don't see crypto being used by corrupt officials, so it should be legalized in long term to boost economy.
I wonder if crypto holders will pay a crypto tax in case of legalization?
Ukrainian Finance Minister said the government is in position "to block crypto wallets" containing " illegally obtained crypto assets" . (I wonder how to?) .
Quote from: https://cointelegraph.com/news/ukraine-to-block-crypto-wallets-for-illicit-funds-finance-minister-says
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
They are going to ask crypto exchanges and banks to do KYC of people who do operations with crypto past certain limit - around $1,200, and they will have to report "suspicious" transactions and regulators might order to freeze assets on those online accounts. They also talk how they will be using chain analysis to do their verifications.
Also, there's another interesting line that wasn't in the article - the minister said that they don't see crypto being used by corrupt officials, so it should be legalized in long term to boost economy.
I doubt that introduction of regulation like this is necessarily a win.
The cost of such regulation comes at the expense of futile restrictions that discourage adoption in the most grassroot sense. It is also quite unreasonable to say that it's "legalized", when previously the use of crypto or holding crypto was never explicitly outlawed by legislation in the first place.
It's non-news, really. Fundamentally, this changes just about nothing around the cryptospace.
The cost of such regulation comes at the expense of futile restrictions that discourage adoption in the most grassroot sense. It is also quite unreasonable to say that it's "legalized", when previously the use of crypto or holding crypto was never explicitly outlawed by legislation in the first place.
It's non-news, really. Fundamentally, this changes just about nothing around the cryptospace.
Good news for the adoption of bitcoin and giving some positive vibes. i really hope that any other country that surrounds ukraine will somehow follow its path and accept crypto aswell. Many adoption means more opportunity to use bitcoin for dealing with daily needs.
This is a very good news, more Ukrainian will know about Bitcoin and its advantages I hope there will be more countries accept cryptocurrencies in this year.
Accepting the use of crypto as a payment method doesnt automatically make their citizens know about bitcoin though but I know what you mean.yes it isnt automatic but it needs time . people need to adjust too or to make decision if they will try this new discovered currency or not . once these people try and like it , they will recomend it to thier fellow members and that is the start of btc domination . i didnt know that crypto was illegal on ukraine before but good to know that they are now accepted crypto again . this is the step for other's to follow . soon to be
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