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So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/

It is excellent news to be able to use cryptocurrencies as a means of legal payment in Ukraine, only they are doing it for money which is a joke.


And where all that money will go? If it's approved, we'll see.

many things that I think about hopefully there will be an economic crisis in 2020 for some countries again bankrupt and switch to sit with us on the same train, this is what I think, oh yes hopefully this news does not disappoint bitcoin need a big adoption in all countries to be able faster developing, hopefully Ukraine can become a more developed country

It is nothing new that there will be more countries that will legalize and adopt cryptocurrency as an accepted payment system.
As more countries legalize and adopt crypto as a legal payment system, the power of crypto will increase and make it clear that these countries have the expected interests and welfare.
As expected by the Ukrainian government below.

that is good news, day by day more and more countries are legalizing crypto, I have confidence in the next few years there will be many other countries that follow in the footsteps of Ukraine, I can't wait to see the development of crypto in the next few years.  ;D

yes of course this is nothing new because previously there were also several countries that had legalized crypto payers,
But I am sure now adopters of bitcoin or cryptocurrency in bulk will be getting closer because some governments are now slowly starting to accept or realize that cryptocurrency is either used as a transaction tool or for payment in their country.

small country or Big is not important because the thing here is Adoption and that is all what we are looking for.
having another country like Ukraine is one of the greatest news for 2019 as we are ending now,and their step will encourage near by countries to at least study and consider doing so if they see the changes and good effect of this Ukraine steps for the future of the economy.

the step of Ukraine might be a motivation for a country that has a large crypto community. because right now there are many big countries that haven't legalized crypto, so if the Ukrainian country legalizes, so when will the big countries come to legalize crypto?

Great news for the crpyto sphere but more specifically to Ukraine. I'm getting a little bit jealous to be honest simply because crypto's legalization there is already in process. Meaning, they can use btc freely without getting distracted by the possible violations very soon. Hmm, we can already presume that they will become successful with their attempt and maybe this could be a great start for all the members of EU to adapt cryptocurrency as well. So cool :o! Now I wonder when the SEA region will do the same thing (I'm hoping so bad).

This is generally good news. Crypto is entering into another mainstream phase. However, it is worth noting that along with this acceptance is a compromise, a meeting of two actors in a common ground. Acceptance in this sense is just another word for being allowed but put under regulation, strict regulatory measures by the government. And further, in compliance with EU and international FATF and AML standards and specific guidelines.

As a compromise, therefore, the limited anonymity of Bitcoin, for example, will be further blurred because of "strict compliance with financial monitoring and reporting standards prescribed by the newly adopted bill." Also, there must be some implications in line with taxation and other domestic policies when the bill was specifically classifying cryptocurrencies as property.

 

This is big good news for the world of cryptocurrency. Though Ukraine is just a small country with no huge influence over its neighbors, this can really be a catalyst or an inspiration for other countries of the same stature to also legally adopt and recognize cryptocurrency. Small it can be, I am sure this move in Ukraine can still have an impact today and into the future.

As shown in the article, Ukraine is adopting a strict cryptocurrency legal framework allowing the entrance of many crypto-related business and for people to be using cryptocurrency as payment. This can be a big model for other countries to follow so let's hope that the law can be successfully implemented and will be receiving a good response from the people.

Implementation of crypto is always a positive move for the community. The FATF is not in favor of keeping crypto as a usable currency so its nice to see what Ukraine will do if FATF tries to stop it. Russia might learn from it and start using crypto as a legal tender.

They still need to develop and improve more aspects in propagating their cryptocurrency. Bitcoin took a lot of processes in order to achieve their goals and standards. Ukraine needs to reach those standards for their crypto to become a reliable cryptocurrency.

They need to promote and let their country and people to adopt their new currency. It will surely help their economy to rise and let them enhance their technology.

Looks like it's another case of fake and misleading news, cause I don't get any confirmations from Ukrainian sources, and the articles themselves don't lead to any sources. So, what really happened, is that Ukraine adopted some AML laws that mention crypto - but there was no bill dedicated specifically to crypto. And since crypto was never illegal, it really doesn't mean anything to crypto users. This is just another trash clickbait article from trash website.

Nothing is small, A win is a win, I think this win is really a good message to the cryptocurrency users because recently they were not getting any good thing about the cryptocurrency, I hope day after day Bitcoin and cryptocurrency will be free over all the world because the rate of user is increasing day by day, not only that but also Blockchain system is getting developed and familiar around the world, many countries have taken some project based on blockchain system so it has a great potential for the future purpose, So the legal aspect is very important for both Cryptocurrency and Bitcoin, I hope this is way both will get legalized within a very short time.

This is good news, and I hope more and more countries begin to see the benefits of accepting crypto.

That is a great news from Eastern Europe, some Russians may go there and set up their crypto business. More win coming. Just a quick question: Can anyone tell me any 3 good project on CMC that originated from Ukraine? Thank you.

+1 of the most great news this year so far.
More adoption income from these small countries adoptions.
As the more the spreading on the countries involved, the more will join the party and eventually becoming just 1 global legal world.

Thank you for that Ukraine and UK for helping making it possible 8)

Did you give us correct information about bitcoin have been legal currency payment in Ukraine? if really true with bitcoin have been legal currency maybe good because can pump bitcoin to higher price but if you try to make people buy bitcoin and make them trust with your fake information you have give lost investment for many people because you try to make people believe with your information.

Just for the motives of gathering funds, not a new reason for a country to accept crypto other than adding revenue stream whether through taxation or to attract people into moving their money there. But, this one atleast better than nothing and to add up into the list of countries legalizing the use of cryptos. not that i'm skeptical but if this method suceed another neighbouring country will follow.

This good news for the crypto community and motivating to the crypto industry, I hope in the year 2020, many counties will adopt crypto, and most of the project will be on blockchain 2020. Maybe Chiana will officially legalize crypto in 2020.I congratulations to Ukraine crypto community.

This is a good start!

Wow, wonderful for the crypto sphere,the ukrainens  are really lucky,I bet very soon other countries will start legalizing Bitcoin,I can't wait my country to legalize Bitcoin tho,tired of using Fiat currency when am going out for shopping.

That's really good news. That is all we wanted; getting more countries to adopt crypto and be legalized. Just be ready and be prepared for the regulations that could be enforced. One of the crypto characteristics which is anonymity will fade away cause of KYC policy I think. However, the important is we can freely use crypto as a medium of exchange, treat as an asset/property.

You really think its a cryptocurrency? I think its a joke with cryptocurrency.

When I tried to verify the news, I saw different information that proves it is yet to be approved (https://cryptopotato.com/ukraine-set-to-legalize-cryptocurrencies-as-means-of-payment-and-investment/) Thats some hours ago. Although there seems to be a boost to the approval and the chances are better. They might need improvement in the law as time passes cause the bill presented seems to have restrictions, some with size of holdings etc.

It is good that slowly by slowly, cryptocurrency is being accepted by different countries. But what I am afraid of is that we never know what will happen in the long run. What if these governments will abuse crypto years after legalizing crypto? I am not against legalization, in fact I am happy but it just makes me think about the other possibilities that we might encounter.

Very encouraging news for all of us crypto lovers, this indicates that crypto is starting to be in demand by countries in Europe and even there is an issue saying Europeans themselves will use digital currencies as substitutes for major currencies in the near future.

Hopefully other states can begin to be open to crypto in the future.

I am happy for Ukraine, but this is only the first step.

About global powers, that's more unlikely, if you're talking about Bitcoin and other cryptocurrency adoption. From your words, these countries have 'power' to make their own digital currency, or even their own version of cryptocurrency (but highly unlikely since they don't want full transparency) and use it to lead the race again for being the globally accepted currency aside from their own fiat.

This is a small step towards to the global adoption of cryptocurrency and I see a lot of news like this. I hope someone doesn't spread some fake news out there just because the market is in bearish trend. Let's keep some kind of news like this coming because it will give the cryptocurrency a chance to get some investors. I think China was the first one who took the first step that's why most countries are following.

Ukraine was already a crypto friendly country and a lot of people there are already accepting bitcoin and crypto as a payment method in their business, and there were no statements before from the government about it, but with the recent news and a lot of countries like Germany, France moving toward crypto, it seems that a lot of European countries are going toward that and accepting crypto as it has a good potential to become somthing big in the future.

Indeed, particularly nowadays that anything is possible when it comes to money it means there is a huge chance that they will take advantage of it. Well we don't know the possible things that may happen but for now let's just be happy that the adoption is improving because I know that crypto is capable on handling things very well. Governments are wise they will do anything no matter what it takes just to get what they wanted without getting their reputation ruin so we should be cautious since we can't easily say their true intention with crypto. It sounds to negative but it's possible so we must prepare ourselves.

Is a nice step for Ukraine and for the cryptos. Is nice to see a country supporting cryptos a letting their civilians to use them with freedom. I'm waiting for my country to do the same, but it will take some time for México to see the light. We already have the fintech law, but it was made for big companies and not for simple humans. So, we need more laws about the topic.

Maybe this news looks small but it is great news for the people of Ukraine. Crypto is now classified and will be treated as a property in that country. With this the people can trade and invest in crypto legally and they will not need to hide thier crpto related activites like in other countries where the use of crypto is considered as an illegal action.
People should see how good or bad this decision turns out to be in the long run for Ukraine public.

Congrats to Ukraine to finally legalize BTC, maybe we will also see Ukraine digital currency as well.

corruption in the country must be very rampant so this legalization is probably just the start to to probably monitor officials in their country since their president sees blockchain as a tool in fighting systemic corruption in the country. there were few articles about Ukrainian politicians owns huge amount of BTC. sort of a surprise that a lawmaker reveals they owns BTC amounting to millions of USD. 

the acceptance of Bitcoin and cryptocurrency in a country is positive feedback for us. considering that there are still many developed countries rejecting the regulation of Bitcoin. We need to pay attention that when developed countries give negative statements about Bitcoin/crypto the price crashes. Hopefully, there will be no more manipulation and the price of Bitcoin will rise again above 10k USD.

It's nice to see that new countries are open up to new opportunities like cryptocurrencies. Now France want to launch their own crypto. It might be going in the right direction

Not a big news, nor interesting one cause every govt should hear what their people want and to be like this country so it should be a normal thing.

On the other side, the govt might want to ease the control of crypto utilization since their people don't need to do transactions silently anymore.

 

This is good news for the crypto community, hopefully other countries can follow in the footsteps of Ukraine legalizing crypto.
Especially for countries who banned crypto can change their minds about this news. I really hope that this news can slightly
drives the price of bitcoin. Because with this news at least it will attract new investors in Ukraine to buy bitcoin. Although it is
still a small step, but I am sure it will bring a positive effect on the growth of crypto world.

A big step forward for cryptocurrencies, congratulating the Ukrainian cryptocurrency user community.
This news may make other governments more interested in electronic money.
In my country, e-money is only considered as an asset that people invest to make a profit. A person would break the law if he used cryptocurrency to pay for an item, I hope that one day I can freely use cryptocurrency when shopping.

If that's the case, then it is really a great news for us who are in the crypto community because there is another country who legalized bitcoin already and I don't know what would be happen on the following years, maybe we will just legalized for some small country first as our first step and later on, even the biggest countries will already legalized bitcoin or cryptocurrency and that would be really a good for us but before that we must be able to adapt first cryptocurrency in some countries and places so that the government will be enlighten about the good factors that the crypto will bring to their country. We will just start on little and as time passes by we will be able to target those bigger opportunities.

It may have a small impact now. But in the future of bitcoin we see it clearly and it's starting now.
Therefore, we will continue to support bitcoin and other altcoins as this will give us good income in the future.

Not every country has a good government and not every government listens to what their people wants.
Many countries have corrupt governments and so it is indeed a big news if Ukraine legalized crypto payments.
Such things should keep happening and only then will people realize the potential use of crypto.

Wow, this awesome. I am much more happier about the fact that Ukraine has made such announcement about legalizing cryptocurrencies than the nuances of details contained in this bill. This act will encourage other countries to reconsider their harsh decisions about crypto and also make way for those countries who have not made any stance with cryptocurrencies to legalize it in one way or another. Let's never give up on the adoption and use of cryptocurrencies because it will happen someday, hopefully.

I think it all depends on how the government run their new cryptocurrency to the people. Just like China they don't support bitcoin because they can't control it and they think it's risky that's why they supported the blockchain technology to create their own cryptocurrency. Now, the people have to deal with it but i still don't know if it will be a trend to their people or not.

That's a good news to hear about such bitcoin is legal now in Ukraine, I hope that bitcoin will be spread over the world and more countries keep legalize bitcoin, so then, bitcoin will be stronger and even it's gonna gain a higher value and more people will join our bitcoin community!

Finally they have seen the use of cryptocurrency in seamless transaction providing hassle free and convenient way of paying. This is indeed a good good news legalizing the cryptocurrency for payment settlements however the citizen of Ukraine must be careful of using crypto and avoid any illegal contact with it as it levels the AML standards. As far as I know just earlier this year they already widespread the accepting of bitcoin as payment method in their public transportation, and now this, clearly the transition we are waiting is happening now. It may be slow but at least it has started.

Why does it have to be "legal" you could always use crypto. Things don't need to be made legal. So if I create something it must become legal to be used? What a load nonsense. Is playing video games also legal in your country? Do they have to like write up laws to say it is legal? If I have something and want to trade it for something else I don't need to wait for anything to become legal I own them and can as I like with them.
This freaking FATF laws must also !@#$ off. How obsessed are these people? They act like everyone who owns crypto has some sort of link to the underworld  are laundering their money they have now stolen or some shit. My god what a bunch of bloody paranoid idiots. They just want your tax money and will use every excuse in the book to milk you of it.

This law is very large in volume and amounts to about one hundred pages. As far as I read it today, it is not dedicated to legalizing cryptocurrency in Ukraine, but to preventing attempts to legalize dirty money and combating the financing of terrorism, that is, Ukraine is implementing the FATF decision of June 21 this year and more than two hundred participating states are required to do the same. In particular, any transactions worth more than 30,000 hryvnias, that is, 1,300 dollars, should be checked and at the same time both the sender and the recipient of this money in cryptocurrency should be established.

That's just what it could mean as well.  It doesn't mean legal but a way to monitor possible laundering act in the country. Several Ukraine official had previously express as crypto loving Ukrainians which they own thousands to hundred BTCs. And it would also mean they can get money our of these crypto users, the money from taxing from BTC will be worth since their citizen were using BTCs already.

In other developing countries, such as Ukraine, they are making arrangements for Bitcoin. Of course I don't know how serious they are about this. Bitcoin offers an alternative to the current economy. But it does not eliminate the current economy. Systems can be integrated.

I poorly imagine the use of cryptocurrency as payments for public transport, I rather imagine it as a long-term investment. But I think the idea is not bad.

Well payments on public transport using cryptocurrency is really good specially is such cryptocurreny has lightning network implemented. Cryptocurreny being used in all daily expenses is a really good idea for crypto users, imagine walking cashless and still be able to survive.

there is nothing on the news and the bill has not passed the votes just yet
and  don't see how it is positive for Ukraine as there will be just additional taxing for the crypto holders
you , basically , gain nothing but are now going to pay taxes on your trades and sale of coins
the problem with Ukraine is that the government  is super corrupt and every next one is worse than the previous
even if this bill passes , the taxes won't be serving anything good but will be spent on the things like paying debts to IMF and such

That is a very good and extraordinary step taken by the Ukrainian government in adopting every existing regulation well, so at least crypto is not only an asset for investment, because the strong reason in legalizing crypto in Ukraine is a major mission there which where the Ukrainian government wants to fight systemic corruption. So with the adherence of every rule that applies then maybe it will become a model for all countries to have a broader view of digital technology and the blockchain itself.

This is great news. The more this kind of thing happening the better for adoption. Counting it as property good.


Other governments must learn from this. I wonder which ones will create their own cryptocurrency first? It will be really exciting when countries develope their own cryptocurrencies. I wonder if you will get extra incentive to mine it? If they want to fight corruption maybe they should use bitcoin since it can be traced so officials can't waste money.

This is only a small picture, regardless of what their purpose as long as it's legal already and we can expect again the adoption will continue to grow.
Government being "pro crypto" is good for adoption and this is just increasing since other countries seeing Ukraine legalizing crypto might also consider following it especially if they see some benefits for economic improvement as well.

I know how things are run in Ukraine, it's only matter of time till they close that door. By this I mean anti-crypto law projects as soon as they find out it's doing no good for Ukrainian banking system. Let's hope for the best tho

We are waiting is true bitcoin become legal currency payment in Ukraine or not, maybe just opinion for Ukraine want to adopt bitcoin as legal currency payment transaction because many big country want to banned bitcoin and give impact for other country allowed to banned bitcoin, but when big country like China want to allow using bitcoin as currency I think United State will lost reputation to banned bitcoin.

Oh, really? Can't believe ....not!  ;D


Hopefully, they will donate some to bitcoinist so they can hire a real writer for their garbage articles.

Those 500 millions have already been paid and have NOTHING to do with bitcoin.
https://ec.europa.eu/commission/presscorner/detail/lt/IP_14_2323

Small? Any win for us right now is a big win, the Cryptocurrency market is just swinging wildly and not in a favourable way, it would add a couple billion $ and lose X3 that the next day, if Cryptocurrency payments are legal in Ukraine, then our dream of worldwide adoption is getting closer, more and more countries would be jumping on the bandwagon and gradually, Cryptocurrencies would reach it's full potential as everyone in the world would be using it as a payment method, one country at a time.

if this news is true I will support it and still see the latest news about this, let's see the development they are doing, at least there are also many adoptions there that become bitcon users and the crypto currency will be even better, the greater the number of adoptions the greater the strength of the crypto community in the future

This is a positive sign, some governments are understanding the advantages and possibilities of cryptocurrencies and this step of Ukrainian government will give a positive reason to learn to those governments which are against cryptocurrencies and I hope they will change their mind on this issue.

Good, maybe later in the world will accept cryptocurrencies and use it legally with countries, in 2020 more countries will need to accept cryptocurrency for a turning point. bright new for cryptocurrencies.

it will really positive thinking from Ukraine to understand the use of blockchain and other crypto futures and taken good move to legalize the crypto use in Ukraine. i hope upcoming days more countries will be going to adapting the cryptocurrency and blockchain Technology.

It is, in fact, a road to the development of the world if not just Ukraine will start to legalize bitcoin and another cryptocurrency. Because technology is for the people and people should not see technology as a hindrance to the development of their currency. Though, I am not aware of the news because, from the application that I am using, there isn't any news concerning this. But for me, what matters the most is when people do start believing in cryptocurrency because this belief will make the cryptocurrency even better through adoption that usually leads to greater market price of various cryptocurrency.

The problem is that in Ukraine, unfortunately, the government is very far from thinking about improving the world, but is more concerned about stuffing its own pockets with money at the expense of the country's inhabitants. That is why all this crypto hype in Ukraine is just a way to get rich even more for one or more oligarchic groups close to power. It is sad but true.

It is good for the us we hope that more countries see the good benefit of Bitcoin that can help people. And so that the popularity of bitcoin is going higher.

The use of cryptocurrencies will definitely be legalized all around the world but the only problem is that it might take a very long time for this to actually happen. Ukraine finally making cryptocurrency legal is a great news since this will bring a massive impart into the crypto market and also influence neighbouring countries to consider the legalization of cryptocurrency.  Once a lot of countries get on broad on joining the crypto space, it causes other countries to consider joining...

@Hatshepsut93, you have every reason to doubt the article because most of the articles writer of these days just want to gain more traffic, make name and earn some money but have done an in-depth search and i find out that this article seems to be real because the Ukrainian government are truly working towards the legalization of crypto currency but I don't know when it will real happen.

Source (https://en.brdo.com.ua/news/draft-laws-to-ensure-launching-the-blockchain-economy-are-published-for-discussion/)

No matter how small a country is, as long as a certain country is adopting cryptocurrency it is indeed a good news for us. We will achieve mass adoption. If this leads to a good result, then the government of Ukraine might strengthen cryptocurrency in their country and of course other countries will follow this adoption. It might take a bit longer to fully achieve this one, but as long as this kind of news continue, it's a step for what we are aiming.

although Ukraine is not a big country but it is a good impact because more and more countries are adopting Bitcoin then that will make this digital currency more developed in the future. I hope Ukraine can develop Bitcoin and can to change the economic life of the people there. not like my country because until now Bitcoin is still not legal in my country and there are still many people who don't know.

Hope my country can also follow what the Ukrainian government is doing.
Crypto will continue to be accepted and legal in many countries which will make it strong and unstoppable.

Hopefully big countries can follow what Ukraine is doing.

Woww, good news. I am very happy to hear it, I hope that in 2020 there will be more next countries that legalize the cryptocurrency. As more
and more countries in the world legalize cryptocurrency, the approach of all of us is getting closer to making cryptocurrency become global
currency.With cryptocurrency which eventually became legal in Ukraine was a victory for the entire cryptocurrency community throughout
the world, because this news will provide power for the cryptocurrency community to continue to strive to make mass adoption grow even more.

Yes this is interesting news for the cryptocurrency and blockchain community in Ukraine.
I have read this news some time ago about the question of President Zelensky cryoto being the main thing, They want and plan in the year 2021 to conduct plementation and the country's policy on crypto will be a happy discourse for the people of Ukraine.
I think this happened because many of their governments and many local officials were involved in the development of the blockchain in Ukraine.
I hope this news can be an example for other developing countries, it is appropriate that in an era filled with technology today, cryptocurrency should be the main race in all fields.

double checked , there is no such law that passed through the parliament
although Zelensky is a new leader that is pro-technology and he is trying to build quote " a state in a smartphone" whatever you take from it
he is far from being pictured a crypto enthusiast , maybe heard about bitcoin but definitely never shown his affinity towards it
in regards to the blockchain usage ,yes there are several projects that are being discussed but nothing that is implemented
Ukraine has a few bitcoin exchanges like Kuna , but being a corrupt state I doubt that many companies or banks would love the blockchain implementation
since it would be way harder to do underhand business

What do I think?

tHaNk YoU GoVeRnMeNt FoR aLlOwInG mE tO uSe MoNeY.

Quite the accomplishment. ::)

interesting news, I am glad to read it, I hope other countries soon to follow it. And that is what we are all hoping for here ... !!

This is a positive news for 2020. I hope everything will be on the right track so that it pushes the market to have trend reversal. As we now, it is hard for the market to goes up. It really needs a strong support to break the resistance. Hopefully, it will come true because Ukraine is a large country and if the citizen out there support crypto. For sure, it will give a great impact in this industry.

every adoption is a win for the community and for the technology mate and besides for me Ukraine is one good place where to start spreading awareness from European countries (added since Europe is open for crypto)
if this continues for sure there are other countries that will try to look what is the advantage of this technology and currency to favor their Economy.
we can be positive that many will follow in time it is just Ukraine started another breakthrough ..
yups that is what i am looking forward as well just like what i have said in favor of countries and cryptocurrency also.

I search information on google with Ukraine legal using bitcoin as transaction payment last October, just planning to adopt bitcoin and not have implement now for bitcoin can be use for digital currency payment, not good topic you make with Ukraine have legal using bitcoin but they only try to plan how to adopt bitcoin and altcoin as currency payment in their country.

If that is the case then it's the perfect time to accept the crypto currency in the First and Second World to establish the protection for the users. I hope also because of advancement the essence of crypto currency will still exist.

Yes this is excellent news for using crypto legally in Ukraine so their now doing well. Actually crypto already have been global but some countries accept legal and many countries not accept yet legally so i think this will be available in all countries.

It depends, countries differ especially in their regulation and jurisdiction, they also have difference on how they view technology and innovation in particular, there are many countries that view's cryptocurrency as a threat their economy which could be considered a a hindrance for a massive adoption. One thing that should be built first is the trust from people to government and government to people. Once the trust and relationship is already established, then implementation or legalization of more cryptocurrency and blockchain projects will be easier.

In Ukraine, the law on the legalization of cryptocurrency circulation has not yet been adopted. Several generally good bills have long been in the Verkhovna Rada of Ukraine, and lawmakers cannot reach them for adoption as laws. In principle, in Ukraine there is generally no opposition to the legalization of cryptocurrency and one of the proposed bills will be adopted.
The law under discussion, adopted by the Verkhovna Rada on December 6, is dedicated to the implementation of the FATF decisions of June 21 this year and is aimed at combating money laundering and combating the financing of terrorism. He establishes that with all transactions in cryptocurrency over 30,000 hryvnias, that is, approximately $ 1,300, in Ukraine will be identified by the sender and recipient of the payment. Other states must also adopt similar laws throughout the year.

That would be another reported country that legalized bitcoin. I think it just getting more slowly from country to country. Its maybe a new start for other countries to realized about bitcoin legalization as well. Eventually everyone can make concrete laws and regulations about it without depriving the crypto processes and without compromising the safety of the users and people as a whole.

Of course this is good news as more and more countries are accepting cryppto. then that means we have headed for mass adoption. many countries are ultimately interested in supporting and also allowing crytocurrency in their countries. they are aware of the potential possessed by cryptocurrency. I am optimistic that in the future more countries will accept cryptocurrency. and hopefully in the future bitcoin can become a global currency that we can use everywhere.

We know that this is good news becuase it can help people there hope other country did also. Bitcoin is gettinga huge propularity in the world.

Let's just say Ukraine is not quite a small country.Laws on the legalization of cryptocurrencies are indeed adopted, but how they will work is actually difficult to imagine. Not the fact that this will somehow positively affect the market.

Yes there is no such official confirmation from ukraine government that they are doing this move. Moreover i don't think adoption of cryptocurrency that fulfills AML and FATF legislation will have any impact on cryptocurrency. If you surrender crypto principle of  decentralization then no government will oppose it.

This is quite a tip of an iceberg good news! Can't wait to see all the countries to realize the advantage of Cryptocurrency. Well, I guess it is better to have a slow movement of acceptance than nothing at all. I will start monitoring those countries that will follow the steps done by Ukraine.

Its just time matters before bitcoin growing too big to set aside by the countries all over the world, so governments feel the need to regulate cryptocurrency in their countries, whether they will ban or allows it. Since some countries that ever ban cryptocurrency currently procced to allows it, then bitcoin will be regulated and more people will recognize the usability of bitcoin, then slowly bitcoin will gain mass adoption.

Actually, developing countries have even understood the advantages of Blockchain and the usefulness of cryptocurrency. However, there are still many considerations from each government in implementing cryptocurrency. at least Blockchain technology has been widely used in the real world, especially in the financial industry

This is actually a very very good news for people living in Ukraine , actually I just got to know about this news from the forum itself so thank you for sharing it with all of us , now people would be able to trade and share the cryptocurrencies without the fear of them doing anything illegal and all .
I am also living in Ukraine and it had opened up a lot of opportunities for small holders like us , now one can also see changes in the business because trust me Cryptocurrency employees more people than we can actually imagine.

This is excellent news, because when cryptocurrencies are legal in a certain country, the doors of countless business and trading opportunities open, progress towards globalized use is certain.

If that is true, It will be a very good news to us! It will reflect in bitcoin price as well,as we can observe everytime that market receives a good news like this one, the market pumps, really a good news and bad news as well affects the market so much, so people please stop making fud.

That's a great news for the crypto world. We can see through that crypto is making its move to dominate the whole world in the near future. There are a lot of other countries that amidst not legalizing crypto yet, the toleration and regulation of it is already prevalent. Now, we should wait and see if crypto would give off lots of benefits to Ukraine or give detrimental effects toward it. Let's hope its the first one or else crypto would give a bad impression to other countries that are speculating the use of crypto within their nation.

Best thing to increase the adoption of crypto is to let people accept it as a payment or legal tender. Most of the countries will not do this because they think people will start evading taxes with this move but governments can make a system where everyone can be in a win win situation.

This is excellent news, because when cryptocurrencies are legal in a certain country, the doors of countless business and trading opportunities open, progress towards globalized use is certain.

Yeah, that's really a good news and I hope that bitcoin will be used legally in the whole world as soon as possible. Many countries should know the real benefits of using bitcoin and how secure is it. I'm sure sooner or later all countries in Europe will start using bitcoin and more countries from Africa and Asia, which the bitcoin isn't that developed there will follow them.

It is a good topic to stay in the legal child board because it speaks definition about Bitcoin in Ukraine. It is a great news for every cryptocurrency user and people will believe that there is some support from certain country for Bitcoin.

Let's hope all the countries will accept Bitcoin very soon in this world.

well good news, of course in early 2020 Germany will legalize crypto as well as the German government and banks have agreed, other good news hopefully Libra can win the trial and will come out in mid 2020 as planned. we'll see.

I'm very happy and really too much excited to heard the great news and this news make my day. Ukraine is small country i think near around 44 million is the total population at the time. Does not matter it, thanks Ukraine president Volodymyr Zelensky to adopt cryptocurrency. I hope in thw new years these legalization countries list will be bigger.

Very please to see this news. I think all over the world gradually will accept it and when maximum country of the world will accept it, it will be our victory.

I also believe that if a large country has accepted bitcoin, many other countries will follow it. here we need a country that can really voice bitcoin well, because it will have an impact in other countries. and now we have to wait for that time because bitcoin adoption is starting to be used a lot

even how people try to accept this as payment and legal tender but the government is still hindering then how can this be possible ?

if only the governments will allow this to happen?for sure all of the people in this market will add even 5x of their investments as they are only looking for this chances,but until the scenario are the same?i dont think we can do any more possible but to wait.

It's another great news for us as we continue to move forward to crypto payments in the future, little by little the acceptance of crypto currencies is starting to move forward and because of it time will come that crypto currencies can't be stop anymore.

It will become the main currencies in the future for sure, Ukraine have 43million people as of date and even 20% of it will start to use crypto currencies then it will surely add to the demand of crypto currencies that will trigger the price increase of crypto currencies.

There’s no such thing as a small adoption, as long as they adopt there will be a big impact on cryptomarket. I’m always happy to hear this news if they accept crypto as a legal currency then the 47.1million population of Ukraine will enjoy the privilege of controlling their own money, that’s a big thing and good result will happen on this market.

this is good news as bitcoin is slowly being accepted in many countries giving a signal that maybe in the future bitcoin can become a global currency. Ukraine is one of the countries in the European continent. and some European countries have also accepted bitcoin such as Britain, Denmark and Germany. the increasing number of countries that accept bitcoin will make the bitcoin market more crowded. and I think crypto can be applied in small or large countries with no restrictions.

Out of those 47.1 million people only a few people will be there who will start using cryptocurrencies for Payments and rest will still be using traditional cash. I highly doubt that there would be enough population knowing that crypto is now legal as there is one friend of mine living in Ukraine and I told him about the crypto payments being legal in his country.

there are no 47 mil living in Ukraine , even the official stats give figures around 38 mil
and in reality with all the problems , war and poverty , nearly 15 mil of people fled/migrated since the Independence declaration in 1991
Ukraine's population used to be 50 million of people , was one of the top economies and industrial potential in Europe compared to Germany and France
well , not anymore and again - stop celebrating ,the nonexistent law , this is fake news , nothing is declared legal
there is no such a law

If I am not wrong, one of the earliest Bitcoin exchanges (BTC-e) was based in Kiev (the capital city of Ukraine). But the government was very hostile towards the idea of cryptocurrency back then, and the exchange was forced to shift their operations to Sofia (in Bulgaria). Had the government taken a more tolerant stance then, a lot of jobs and tax revenue would have got created and the Ukrainian public would have benefited out of it.

Ukraine is quite a freedom-loving country and they are ready to accept not only crypto but also medical marijuana.

hopefully, for now, governments in various countries not only see the negative side of cryptocurrency. but there are other positive benefits to that country. because the economic turnaround of the community or good citizens certainly makes good feedback for the government

This is really a great news. Good for Ukraine that they are accepting crypto currencies. Other countries will eventually follow the footsteps of Ukraine. But one thing, are they really going to allow the usage of crypto currencies? I pretty much sure that they are regulating the currency so that people will have to pay tax properly and keep track of their usage. I hope they made their crypto laws clear to the general public so that the people don't face any legal confusion.

What made Ukraine legalize Cryptocurrency? Is there a monetary crisis going on like Venezuela so they have to legalize Cryptocurrency? Many of us see countries that legalize Cryptocurrency are countries that are experiencing inflation in their countries.

They are going to build so called  Digital State and the Head of their new  Ministry i.e. Ministry of Digital Transformation is a geek who is fond of various IT including cryptotech. https://en.wikipedia.org/wiki/Ministry_of_Digital_Transformation

The  adoption and legalization of Bitcoin by the Ukrainians authorities would have a positive impact and exposes btc to the entire European countries thus gaining wider spread invariably making its price to gain value.

it is actually a good news, we hope that in this country it's also getting accepted the Bitcoin or even crypto in general cuz crypto is labeled as an illegal thing here although it doesn't. it sucks to see this but we have to just make sure that bitcoin is not fully banned on this country.

The fact that a certain list of countries that legalize cryptocurrency is being created is already very good news for each cryptocurrency user.  Of course, for this period, the new government in Ukraine is just beginning to prepare a legislative framework in order to regulate the entire process of using and controlling cryptocurrencies, but I am still interested in those projects that were created in Ukraine in past years and were frozen, such as UAHPAY.  Perhaps this is already a Dead project, but nevertheless they have not forgotten it, despite the fact that there is no news.

Information on the legalization of cryptocurrency in Ukraine is a little untrue. The law adopted by the Verkhovna Rada of Ukraine on December 6 does not concern the legalization of cryptocurrency, but the implementation of the FATF recommendation of June 21 this year regarding the adoption of measures to combat dirty money laundering and the financing of terrorism when using cryptocurrency. So far, officially cryptocurrency in Ukraine is not legalized.

That's a great news for us. People are now realising the importance of decentralized money like BTC and i believe soon it will be legal all around the world.

Well, not just in Ukraine, but we need to make sure that bitcoin and cryptocurrency should be well allowed and not prohibited to all the countries in the world. Because the first thing we need to mae sure for the development of cryptocurrency is the market adoption, and with some government banning cryptocurrency will make the adoption less possible. So, encouraging people to properly use cryptocurrency without harming the government is a must for them to avoid banning but to support cryptocurrency in which adoption could happen.

Currently, there are many countries that officially support and accept cryptocurrency. So this news is not too new for holders and traders like us. In the next 1-2 years, I believe that there will be many big countries accepting cryptocurrencies and this market will grow strongly.

Really i got few news about same some countries finally accept crypto and overview i can says that after upcoming time will be accept crypto in every countries.
Finally thanks for this time really great news crypto legal accept in Ukraine so welcome risk free Ukraine people enjoy crypto.

"Working on" and "crypto is not legal" are two very different things, there's no guarantee that they will finish their work, it's actually has been going for years and multiple laws have already been drafted, but the parliament didn't even vote on them. And the new government has made a lot of promises and still not delivered on them, for example they said they will legalize gambling, but recently failed the vote, despite having a majority.

That is nice news and especially with all the friendship between Ukraine and the United States (Trump ;)) , Trump might find bitcoin good and if the USA will legalize it, it will be the ultimate achievement of bitcoin adaptability. Let's hope for more positive news!

great news indeed i agree with that but saying that they are now risk free nah i totally disagree with that   .

yes ukraine is now a crypto friendly country but this does not removed the risk upon investing or using a crypto because crypto are still unpredictable  . whether you like it or not , the value of your cryptos can decline or somtimes incline on random times but nothing to worry about these as long as you accept this conditions  , you are still free to enjoy the benefits that entails on cryptos .

I am pretty sure that there will be more countries that will acknowledge the existence of Blockchain technology and cryptocurrencies. Perhaps, the legalization of cryptocurrency in Ukraine will have an impact and could might make a slight difference in the price of Bitcoin.

indeed , it was an interesting phenomenon , to fail to vote when you have the majority
what is even funnier, there are illegal , or , semi-legal casinos masquerading for the state lotteries
literally on every corner there , despite gambling being prohibited officially
but the sources say that they are being raided and closed now , somehow them paying the local police is not working anymore
this more than anything shows how the things are done in Ukraine - can't pass the law , lets close them by force
even if they are practicaly illegal , this is not the right signal to send for the investors and businesses
and people are talking about the freedom of business and a digital state
makes me chuckle

Unfortunately, it is unlikely to happen in the near future, The United States is strictly regulating cryptocurrency and has no intention of legalizing it. They believe that cryptocurrency will seriously affect the economy and politics if it is adopted and freely used. For countries that accept cryptocurrencies, the situation in that country is unstable or their currencies are losing value

Most likely this news is a little exaggerated. The fact that cryptocurrency is completely legal in Ukraine, it seems to me that they are in a hurry with conclusions. You need to wait a bit and then it may become clear. Not yet, at the state level of evidence.

Crypto now also grow up day by day.that's why many good news came for us,hope in future crypto will more improved.

it was very interesting to a process of making the crypto community who will be making the wider community into the country Ukraine take extraordinary steps to add the payment to the crypto I think it would be a better process for other major countries to accept payment by cryptocurrency.

Yeah I totally agree! I strongly believe that  Crypto will be accepted and will be use in all countries. Let us continue on spreading the good news, benefits of using Cryptocurrency. I simly promote Cryptocurrency to my friends and relatives by simply teaching them about our local Crypto mobile application.

that's really big news. people in ukraine can buy invest and pay anything use bitcoin.
i think we will see some big "blockchain startup" come from ukraine

Regulation of the cryptocurrency could be for good and for negative at the same time. Why are they regulating crypto in the first place? Because they know it needs regulation because if not, their financial monetary system will collapse in the near future. Though, it will not necessary mean they couldn't legalize it either. Cryptocurrency is an alternative way of transaction when we think about a recession. And huge countries like US aren't fool to not think about that, so I am pretty sure they have plans for cryptocurrencies as well.

I agree with your comments! The Ukrainian government is planning to legalize cryptocurrencies, which will spread and affect other countries. In the future, there will also be more countries that accept cryptocurrency payments like Ukraine. Bornyakov _ Ukraine's newly appointed Deputy Minister of Digital Transformation, emphasizing that the current cryptocurrency is not illegal in Ukraine. And taking steps to clearly legalize cryptocurrencies will benefit Ukraine and the government through taxes.

This is good news, as a crypto community I'm certainly very happy if bitcoin can be accepted anywhere, let alone legalized. I hope that many countries will follow it, although not in the near future because all of this certainly requires regulations and laws before Bitcoin is implemented. at least this is a good step going forward. I hope also the case that is currently happening about large countries wasting dollars, they can use crypto as a replacement.

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.

Excellent news from Ukraine's surely bitcoin could also influence a lot of countries. The cryptocurrency community is continuing to influence a lot of countries and surely going to get a lot of users from different countries in the coming years surely this means Ukraine is also going to allowed a lot of transactions in their country and surely a lot of company is going to be interested in this blockchain and cryptocurrency technology. In the coming years, these are going to increase the demand for bitcoin.

That's literally some interesting news to hear that Ukraine legalized bitcoin, this news for sure will push bitcoin to be even stronger. I hope that other countries around the world will follow Ukraine and Germany. It will really help bitcoin as well as the other cryptocurrencies, because as we know most of other crypto depends on the bitcoin's movement in the market.

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.


Accepting the use of crypto as a payment method doesnt automatically make their citizens know about bitcoin though but I know what you mean.

From time to time, more and more country is starting to accept bitcoin in their way of living, which is in fact, affecting mainly how people live and interact with one another. Cryptocurrency being legalized in Ukraine will definelty drive bitcoin adoption in such as case that if people try to find an alternative currency, they know that they have option to choose. In addition, having bitcoin in their economy will be beneficial because commerce especiall the e-commerce will definitely be easy in the long run.

Ukrainian Finance Minister said  the government is in position  "to block crypto wallets" containing " illegally obtained crypto assets" . (I wonder how to?) .

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

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.

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.

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.

Some of these governments deal with cryptocurrencies to transfer large amounts of money without too much noise and attention for them. Although of course there are quite comic cases, such as a Chinese official who holder 13.5 (!!!) tons / 476198.5 oz of gold.

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.

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.

Glad to hear Ukraine can accept cryptocurrency. Hopefully many other countries will follow in his footsteps.

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

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.

This is definitely good news for them because people in Ukraine can now buy their own crypto and can use it freely in their country. This is actually showing that cryptocurrency is now being adopted by many countries this may show that they are now recognizing how good cryptocurrency is. We are all hoping that all countries will adopt cryptocurrency so that the community will get bigger and we can acquire a lot of investors. Investors are such a good one for every project that is coming, the more investors are, the more possibility that the project will succeed.

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.

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.

Should we expect a national cryptocurrency from Ukraine?

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.

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.