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Author Topic: [2016-05-01]Ukraine Bitcoin License Plans Have Been Put On Ice  (Read 131 times)
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May 01, 2016, 07:04:35 PM

Ukraine Bitcoin License Plans Have Been Put On Ice

People who have been following the status of Bitcoin in the Ukraine will remember the efforts made by the Ukrainian Bitcoin Foundation to create a regulatory framework Bitcoin companies could comply with relatively quickly. The first type of this Bitcoin License was not to the liking of cryptocurrency enthusiasts in the country, and through collaboration, a better version had to be created. Michael Chobanian, the founder of the KUNA Bitcoin Agency, sat together with Ukrainian government officials to revamp the Bitcoin License proposal. In May of last year, it looked like all parties involved could come to some agreement and established a set of guidelines that would not hinder innovation in the country. In fact, a lot of businesses and entrepreneurs in the country seemed to take a liking to this initiative...

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