Topic: Ukraine to regulate exchanges - page 2. (Read 475 times)
Ukrainian decision on the crypto currency will not affect the price because the country is not so globally responsible.
It's better to try to regulate cryptos than banning them. They may tax on the the trade adding to the fees to exchange and tax the fiat to crypto and vice versa transactions.
Socialist governments need strict tax regulation to keep afloat.
Yep, that's really great to see one more country which is assumed to recognize cryptos, though not to accept them yet. I consider this news just as the proposition, which won't be passed eventually, as far as I understood the current national economic situation.
A bill has been registered in the parliament of Ukraine to regulate bitcoin exchange which consist of taxing on trade and tax on mining as well.
The bill needs to get a majority vote to get passed.
https://www.coindesk.com/ukraine-regulate-bitcoin-exchanges-proposed-law/
It is good to see another country notice cryptocurrency, it is a clear evidence that adoption rate is increasing. I feel bad for those who were using crypto there though they will need to pay tax just doing trades and mining but still it brings benefit to them like having more ways to spend their coins in real life. I hope that Ukraine government will decides whether to pass this or not soon. The bill needs to get a majority vote to get passed.
https://www.coindesk.com/ukraine-regulate-bitcoin-exchanges-proposed-law/
Taxation on bitcoin trading and mining is just some word in the book, if they will add tax when trading through registered trading platform than people will just go with peer to peer trading and OTC trading.
However Regulation is better than banning.
However Regulation is better than banning.
That's the reason governments hate cryptos. There are always ways to evade the existence of a transaction hence no one knows who holds what.
Government should come up with rather creative idea to cope with cryptocoins.
Taxation on bitcoin trading and mining is just some word in the book, if they will add tax when trading through registered trading platform than people will just go with peer to peer trading and OTC trading.
However Regulation is better than banning.
However Regulation is better than banning.
Ukraine has no Parliament. There is a club of corrupt officials. All parliamentarians interested in laundering their criminal proceeds using bitcoin. They will never vote for such a law. I'm sure this bill will never make it to the parliamentary hall for the vote.Such draft laws in the Ukrainian Parliament hundreds.
Better you post on news section on this forum.
All this government don't know to do with all this crypto currencies. Today thay say ban and tomorrow they say approve. Bored!
All this government don't know to do with all this crypto currencies. Today thay say ban and tomorrow they say approve. Bored!
I highly doubt that this bill will be adopted, and if so, the so-called taxation of exchanges in Ukraine will not cover all aspects of such regulation. Ukraine isn't considered as the highly developed country which has all necessary resources to regulate exchanges, and the loop could always be found by crypto-people.
A bill has been registered in the parliament of Ukraine to regulate bitcoin exchange which consist of taxing on trade and tax on mining as well.
The bill needs to get a majority vote to get passed.
https://www.coindesk.com/ukraine-regulate-bitcoin-exchanges-proposed-law/
The bill needs to get a majority vote to get passed.
https://www.coindesk.com/ukraine-regulate-bitcoin-exchanges-proposed-law/
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