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Topic: Ukraine Just Legalized Bitcoin - page 5. (Read 751 times)

legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
February 17, 2022, 12:20:22 PM
#2
First Russia adopted crypto and announced to make it legal and now the Ukraine did the same. Both of these countries are at the verge of war against each other.
Though it makes no sense but still i wonder if the tense situation in both countries is the triggering point for the adoption of bitcoin?
full member
Activity: 367
Merit: 136
February 17, 2022, 12:14:42 PM
#1
Ukraine's parliament has supposed a new law that legalises cryptocurrency. The bill was adopted in a near-unanimous vote on Wednesday and needed to be signed by President of Ukraine 'Volodymyr Zelensky'. From today, trading or vendoring in crypto in Ukraine has existed in a legal grey area. Local peoples are now permitted to buy, sell and exchange cryptocurrencies, but law enforcement will often see companies and exchanges dealing in crypto.
Ukraine's crypto law does not promote bitcoin as a form of payment or legal tender or does not put Bitcoin on an equal floor with the hryvnia (Ukraine's national currency).

Sources: https://www.thestreet.com/investing/bitcoin-goes-to-war-ukraine-legalizes-cryptos-as-russia-pressures-build
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