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Author Topic: [2018-05-10]Ukraine’s Securities Commission Chief Seeks Legalization of Crypt...  (Read 35 times)
mskumar
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May 10, 2018, 04:47:18 AM
 #1

The Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favours a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says. 
Beyond the Point of No Return
Ukraine’s securities regulator is expected to raise the question about the status of cryptocurrencies during the next meeting of the Financial Stability Council in Kiev. The chairman of the National Securities and Stock Market Commission of Ukraine, Timur Khromayev, thinks that they should be recognized as financial instruments. A decision to do that would effectively legalize digital coins in the country, although not in all of their possible functions.
SOURCE:https://news.bitcoin.com/ukraines-securities-commission-chief-seeks-legalization-of-cryptocurrencies-as-financial-instruments/
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May 10, 2018, 05:02:21 AM
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Each country is interested in the development of its economy.So, it is seeking ways of developing proper legislation. The country that will do this quickly and conveniently  for investors will benefit.

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May 12, 2018, 06:07:38 PM
 #3

there are only talks,nothing concrete
there are two laws in Rada (the local parliament) awaiting approval and readings defining the cryptocurrencies
but there are much more pressing matters at hand it seems as in trying to get IMF credits to survive the economic default coming this year


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May 13, 2018, 04:28:50 AM
 #4

Site is down. I wonder what the political justification is for this support. I know it's not a love of decentralization.
Tylev
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May 13, 2018, 07:20:32 AM
 #5

The above-mentioned Financial Stability Board in Ukraine does not specifically decide anything. We are more waiting for the consideration by the parliament of the country of the two draft laws on crypto-currency, available there, including the draft law on the recognition of the criterion as a means of payment and its exemption from taxation. True, there is no certainty that this bill will be adopted.

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May 14, 2018, 05:36:34 PM
 #6

The above-mentioned Financial Stability Board in Ukraine does not specifically decide anything. We are more waiting for the consideration by the parliament of the country of the two draft laws on crypto-currency, available there, including the draft law on the recognition of the criterion as a means of payment and its exemption from taxation. True, there is no certainty that this bill will be adopted.

oh it will be adopted sooner or later
the goverment in its current state just simply cannot afford to pass on yet another opportunity to tax something
in order to fill up the empty budget (or the oligarchs pockets)
at the moment the exchanges,miners,traders pay nothing and bitcoins are in a grey area:neither prohibited nor legalised
I would not expect anything good from the laws,on the contrary,this would be some draconian laws
with ridiculous taxes and some restrictive rules,maybe even jail terms or fines for those who do not comply
expect nothing less from the Ukrainian corrupt goverment

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