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