Bitcoin Forum

[08-16-2017] Coremedia.info | Europe and Asia Warm Up To Bitcoin and Blockchain
Original URL:  http://coremedia.info/blockchain-news/item/874-europe-and-asia-the-legality-of-cryptocurrency-to-be-more-clearly-defined

Writtien by Lorilikes for CoreMedia.info

Ukraine

The National Bank Of Ukraine announced its intention to more clearly define the legality of bitcoin in a soon coming meeting between the regions financial leaders.  The Comments by NBU Governor Oleg Churiy on Bitcoin gave the public a hint at what to expect. The statement reads:

“...There is a lack of global consensus on the definition of Bitcoin. It is defined differently in different countries, where it is treated as a virtual currency, monetary substitute, intangible value,  virtual commodity, etc. In its turn, the National Bank of Ukraine does support any of these definitions.

To work out a joint position on the legal status of Bitcoin and its regulation, the NBU has engaged in a dialogue with the Ministry of Finance of Ukraine, the State Fiscal Service, the State Financial Monitoring Service, The National Securities and Stock Market Commission and the National Commission for the State Regulation of Financial Services Markets. This issue will be addressed at the next meeting of the Financial Stability Council , which has been scheduled for late August 2017.”

CIS Region and Post Soviet States

To further highlight the newfound romance between blockchain tech and ‘Eurasia’  The Astana International Financial Center announced the inception of a working group comprised of technology pros from Deloitte, Waves, Juscutum, and Kesarev Consulting with the goal to enable development and use of blockchain for the entire CIS region.
.... READ THE REST OF THE STORY AT THE ORIGINAL URL --->>> http://coremedia.info/blockchain-news/item/874-europe-and-asia-the-legality-of-cryptocurrency-to-be-more-clearly-defined

For the Ukraine, I believe that I read an article few months ago about the intention of politicians or the central bank -i forget which one exactly -...to adopt blockchain technology and bitcoin. So I don't think this article is really new.

Correct it isn't totally new, the announcement was 3-4 weeks ago however the upcoming meeting regarding the legality IS new, and the widespread blockchain integration is also new.  The Ukraine bit is only a part of the whole picture.  
Thanks for reading!

🔥🔥🔥🔥🔥