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Topic: Uzbekistan legalizes Cryptocurrency! - page 9. (Read 1685 times)

sr. member
Activity: 462
Merit: 252
February 21, 2018, 01:23:32 PM
#4
This is great news for cryptocurrencies however its not surprising as it clear that  this will become the mode of doing business within our borders and outside . The goal was never to give cryptocurrencies a hard time and perhaps everything would have gone differently had the powers that be done some sort of sensitization before unleashing this very powerful tool of change on the general population, people are afraid at first of things that will have a significant impact if they don't have enough knowledge about it especially if the people who they look to for guidance on financial matters are against it .money plays a significant role in world politics and as such this period of transitioning will definitely not be an easy one as people do not find it easy to walk away from power.(which is what they will have to do if they dont smell the coffee and get in line).
full member
Activity: 182
Merit: 101
X-Block.io
February 21, 2018, 01:20:30 PM
#3
Quote
Already this year, by September 1, a bill that legalizes Bitcoin and other digital currencies in the country will be prepared.

So it's not happened yet and won't happen for another 6-7 months. Also saying that they'll legalize it implies that it was previously illegal, is that the case?

Quote
President of Uzbekistan Shavkat Mirziyoyev approved the creation of a competence center for distributed registry technologies at the Mirzo Innovation Center Innovation Center.

Its main tasks will be the formation of conditions for using the capabilities of blockchain, increasing the human resources potential and supporting domestic developers in mastering this technology. It is planned that this structure will work as early as June 1, 2018.


I think that this is bigger news than just legalizing cryptocurrencies. They are going to actively explore its uses and that can only grow interest and support. Hopefully some larger countries can follow their lead.
full member
Activity: 210
Merit: 104
⚡ Property-secured P2P lending ⚡
February 21, 2018, 01:15:45 PM
#2
AWESOME NEWS Grin! Was having more of a bleak day than usually and that perked me right up, glad the whole world isn't dead to what is right infront of them. And I hope more countries can follow and be progressive like Uzbekistan the country that can Cool
copper member
Activity: 588
Merit: 17
February 21, 2018, 01:07:30 PM
#1
More and more positive news concerning legalizing Crypto come from various part of the world.
This one is from Central Asia: Uzbekistan Legalizes Cryptocurrency
It is the second Post-Soviet country that made such a step, the first one was Belarus.
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