Ukraine wants to legalize crypto (again)

[pjcaruci]

Legalization of cryptocurrencies is important in countries such as Ukraine. This is incredibly important for the growth of their economy.

[darewaller]

Ukraine is about to form a crypto legalization which is a positive move for crypto market taking ukraine as example we can expect more countrities to form a legal frame work for crypto currencies

That is a very great step that Ukraine is taking which is what I expect other countries to be after also, if Ukraine can get it right, I am sure that other countries will follow behind also, especially countries that are looking up to Ukraine as their mentor which I know that we have quite number of them, and for Ukraine being a great country to have accepted and adopted it, it means that they must have seen some positive effect it will have on their economy.

It would have been great if these big countries can give regulation a chance and see how effective it will be in eliminating their matter of concern about cryptocurrency which I even think that concern is just a way To avoid using cryptocurrency because of the value of their currency they are protecting, most especially the value of US dollars but the larger countries will still have no choice but to accept it when it is working for the smaller countries that has received and adopted it.

[NeironixNV]

Legalization of cryptocurrencies is important in countries such as Ukraine. This is incredibly important for the growth of their economy.

How bitcoin can help Ukraine's economy, they have relatively bad things about Africa)

[Baby Dragon]

well it seems that the ukrain government has found a point where they can get a lot of benefits when providing legality about the use of cryptocurrency in their country, because usually the government will not give permission for distribution and use which they say cannot benefit the country.

Indeed, they won't allow it unless it will be beneficial for their people and the country maybe they finally realized the opportunities they might get from crypto. Its good to see that Ukraine's government understands how a digital currency works because it can have a huge impact on other country since its possible that it can influence the decision of other country's government. Government officials are wise, they have different way of thinking and most of them are only thinking for their own sake but this time you can clearly see that they are concern about their people and they wanted to give them some opportunities to make some money using cryptocurrency.

[Wintersoldier]

Compared to the fact that Ukraine previously proposed to exempt cryptocurrency holders from paying taxes, or to exempt them for a certain number of years, the statement of this minister  is already a step back. Although, you need to look not by intention, but by the final results. Let them adopt specific laws, then what will be discussed.

Most of the times, it is our key to development is our intelligence and understanding, for me, If I am in the case of the researcher, I will consider using a legit working project, basically if we will going to try what will happen, we might have a difficulty in times of running the entire project transactions. In relation to legalization of crpyto, for me, legalize crypto could be possible if they can somehow support the government and vice versa.

[mazdafunsun]

Ukraines economy is not doing great because of the Russian problems, they just recently dot their ACTUAL independence from them. They are still engaged in a war, and suffer from corruption. They should get on any new horse they can find, they need the influx od new ideas and capital bad to promt up their economy.

[RapTarX]

All the villagers of a village in Ukraine is holding cryptocurrency now, it's off topic here though.
A guy had invested $494 on Cardano and had a return of $1380 later from which he kept his investment and the rest was distributed among all the villagers of that village. This a great work done by that guy. You know it's a great promotional activity in favor of cryptocurrency.

[pjcaruci]

All countries should adopt crypto in order for the economic system to advance a little in development

[Sithara007]

These measures came a bit too late, I am afraid. A few years back, Ukraine was home to a lot many cryptocurrency ventures. Even the Bitcoin exchange BTC-e (later renamed as Wex.nz) was based from there. However, most of these ventures either closed down or were forced to shift their operations to other countries due to the hostile stance of the government.

The current attempts to attract investment by the Volodymyr Zelensky regime will be welcomed by the cryptocurrency users. But they will be needing assurances from the government. The regime needs to assure the investors and users by providing a guarantee that the official policy will not be reversed anytime during the immediate future.

[Zeke_23]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

[bitbunnny]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

I'm not sure that this could help the state at all. Such news is always good accepted in crypto community but Ukraine itself and government will not profit from that even if they succeed. And I'm not sure if crypto business in Ukraine could use this opportunity for fast recovery.

[ufaiz50]

Taxes for trade and mining? Isn't it rather hard to do. How does the government take tax on crypto trading, if the government opens the crypto market it can be done, but is there a local exchanger in Ukraine?

Many countries say that adoption of crypo technology makes me personally happy. Then the regulation for the use of global currency is not hard to do, I'm talking aside from TAX. Besides the global use of bitcoin cryptocurrency or USDT can invrease the crypto adopt in market but can it be beneficial to the country's economy, it's like importing Fiat into cryptocurrency.

[angrybirdy]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

I'm not sure that this could help the state at all. Such news is always good accepted in crypto community but Ukraine itself and government will not profit from that even if they succeed. And I'm not sure if crypto business in Ukraine could use this opportunity for fast recovery.

We never know until it happens. Ukraine can use this opportunity but I also do not believe that they can reverse their current situation to a better shape. The legalization of crypto doesn't bring economic boost that easily. Unless they make a move to earn it.

[tambok]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

I'm not sure that this could help the state at all. Such news is always good accepted in crypto community but Ukraine itself and government will not profit from that even if they succeed. And I'm not sure if crypto business in Ukraine could use this opportunity for fast recovery.

We never know until it happens. Ukraine can use this opportunity but I also do not believe that they can reverse their current situation to a better shape. The legalization of crypto doesn't bring economic boost that easily. Unless they make a move to earn it.

This is indeed a great step in the crypto world, if Ukraine will legalize crypto and the outcome of it is good, then countries that are in favor in crypto will be given the chance to legalize it as well, as they've seen success from Ukraine, it will really a big thing and good news in crypto industry.

[dimox]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

I'm not sure that this could help the state at all. Such news is always good accepted in crypto community but Ukraine itself and government will not profit from that even if they succeed. And I'm not sure if crypto business in Ukraine could use this opportunity for fast recovery.

We never know until it happens. Ukraine can use this opportunity but I also do not believe that they can reverse their current situation to a better shape. The legalization of crypto doesn't bring economic boost that easily. Unless they make a move to earn it.

bitcoin can make economy better depend on people, how effective they are use this stuff. if in that country most people dont know about bitcoin, it mean just small of group will expand their economic.

[cutesgirl]

Ukraine is very wise when they are doing anything to fast track the crypto legalization in Ukraine. This is a win-win solution both for the government as well as the crypto-sector. The crypto-community will be free in using cryptocurrency and can expect an increase in the number of merchants and number of users in Ukraine. Crypto-sector will become more livelier than ever. Also in the government side they can easily place regulations and guidelines as well as collect taxes from cryptocurrency business activities.

Adoption bitcoin as legal transaction by Ukraine government give many positive effect for bitcoin and altcoin excatly in Europe, many country want to allow how Ukraine organize with bitcoin and altcoin as legal transaction payment, they will give opportunity for bitcoin become safety and faster transaction if adopt bitcoin and altcoin, just waiting when Ukraine announce for bitcoin and altcoin become legal.

[Casdinyard]

Some may say that the decision of the government of Ukraine is good; However, we all know that their economic status is not doing good. They also suffer from corruption which affects even their justice system and civil society.
This may have an effect to increase their status, or maybe make it worse.

Ukraine now is under new administration of President Zelensky, although the corruption issue is hard to diminish into the government but who knows, right?

What Zelensky and Ministry of Digital Transformation plan is to legalize bitcoin cash and bitcoin core ( though Idk why bitcoin is not included ) while the propose bill is also to attract new exchange sites to come in Ukraine. Needless to say, that this new administration is pushing through the bill as soon as possible and be ahead to their neighbors hence building a crypto valley is a big step for them.

[jaocoincrypto18]

The new president needs all strategies to make their economy to become strong and stable therefore if they think that crypto currency could also help them then lets just wait and see. Once legalized they will fully impose taxes from crypto currencies earnings in which one of the advantages that the government could not refused.

[senin]

Ukraine finally saw potential of Bitcoin and other cryptocurrency because it might have started from many of people who made living through crypto so the mass adoption for crypto namely bitcoin in Ukraine began to be planned. This is a good thing and forward thinking because it will further develop if many government officials are calling for legalizing crypto in their respective countries. With the call for acceptance of Crypto in Ukraine hopefully it can truly function and can increase transparency in all fields of industry.

In Ukraine, not only have they begun to turn their attention to cryptocurrency. It already has its own Carbo cryptocurrency, working cryptocurrency exchanges and exchangers, and the cryptocurrency goes through its territory completely and without any problems. For several years now, the legislative body of Ukraine, the Verkhovna Rada, has had several good bills on the legalization of cryptocurrencies, including those that completely free its holders from paying any taxes related to cryptocurrency. A few years ago, about thirty deputies of the Verkhovna Rada made cryptocurrencies in their tax returns, but the relevant ministry explained to them that since cryptocurrency is not legalized, you should not mention its presence in tax returns. Now it is only about the fact that in Ukraine soon they are finally going to legalize it by adopting the relevant laws. There is no doubt that such laws will be adopted.

[migws]

The new president needs all strategies to make their economy to become strong and stable therefore if they think that crypto currency could also help them then lets just wait and see. Once legalized they will fully impose taxes from crypto currencies earnings in which one of the advantages that the government could not refused.

It seems to me there is a sense to take an example from China and start with the implementation of Blockchain. In my opinion, this will be more profitable for every sphere in the country, especially for the financial one. It can remove corruption and take elections to a new level, right?