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Topic: Ukraine Taking Negative Action Against Bitcoin! (Read 1158 times)

sr. member
Activity: 406
Merit: 250
AltoCenter.com
November 16, 2014, 09:28:06 AM
#9
Where Russia goes, Ukraine follows. Maybe that's the eulogy behind this action. But hope it doesn't affect the market.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
CEO of bitcoin says that this is bullshit.
sr. member
Activity: 345
Merit: 250
It is not the only country which is not friendly to bitcoin.Never mind. There are still many European countriea who are accepting bitcoin.

I don't know about now but Ukraine was quite bitcoin friendly last summer. On July 8 the article linked said a nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/
legendary
Activity: 1386
Merit: 1016
It is not the only country which is not friendly to bitcoin.Never mind. There are still many European countriea who are accepting bitcoin.
sr. member
Activity: 266
Merit: 250
Doesn't seem like negative action to me.
legendary
Activity: 4410
Merit: 4766
negative action??

"Bank recommends"

..
recommends....

i recommend the CEO of each bank puts a shoe on their head.. but can you see any actual actions occurring?

also if the OP is reading this.. please dont quote a media source which in turn has quoted a media source, which in turn edited a long speach into a few sentences.. try next time to go back to the main source and report it in its entirety.

the full article simply recommends users not to use bitcoin because it has not been regulatory approved and thus such not insured. making banks not liable.

oh.. and that article was from 27th of february.. so will the op and the editor of the link he supplied stop trying to twist words and distort the truth.

NOTHING HAS CHANGED
http://www.ukrinform.ua/ukr/news/nbu_ne_ree_struvav_platignu_sistemu_bitcoin___supr_1912559

"National Bank of Ukraine also stresses that the risks for use in the calculation of the so-called "Cryptocurrency" type Bitcoin is a member of payments for them. National Bank of Ukraine, as a regulator, is not responsible for the risks and costs associated with using Bitcoin."
legendary
Activity: 1344
Merit: 1000
NBU is actually the Central Bank of Ukraine

and according to their constitution they should be adopting Cryptocurrencies,

"to determine the areas of the development of modern electronic banking technologies, to establish, co-ordinate and control the creation of electronic means of payment, payment system, banking automation and the banking information protection facilities"

legendary
Activity: 1344
Merit: 1000
all i can see is National Bank of Ukraine which i presume would be a business name?

of course they would be trying to preserve their money printing rights but that would have been identical

to trying to preserve the horse and cart
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