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Author Topic: Crypt is now legal in Ukraine  (Read 2042 times)
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December 14, 2019, 12:15:31 AM
 #81

So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/
every adoption is a win for the community and for the technology mate and besides for me Ukraine is one good place where to start spreading awareness from European countries (added since Europe is open for crypto)
if this continues for sure there are other countries that will try to look what is the advantage of this technology and currency to favor their Economy.
we can be positive that many will follow in time it is just Ukraine started another breakthrough ..
interesting news, I am glad to read it, I hope other countries soon to follow it. And that is what we are all hoping for here ... !!
yups that is what i am looking forward as well just like what i have said in favor of countries and cryptocurrency also.
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December 14, 2019, 01:34:04 AM
 #82

This is a positive sign, some governments are understanding the advantages and possibilities of cryptocurrencies and this step of Ukrainian government will give a positive reason to learn to those governments which are against cryptocurrencies and I hope they will change their mind on this issue.
This is a positive news for 2020. I hope everything will be on the right track so that it pushes the market to have trend reversal. As we now, it is hard for the market to goes up. It really needs a strong support to break the resistance. Hopefully, it will come true because Ukraine is a large country and if the citizen out there support crypto. For sure, it will give a great impact in this industry.
I search information on google with Ukraine legal using bitcoin as transaction payment last October, just planning to adopt bitcoin and not have implement now for bitcoin can be use for digital currency payment, not good topic you make with Ukraine have legal using bitcoin but they only try to plan how to adopt bitcoin and altcoin as currency payment in their country.

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December 14, 2019, 04:17:04 AM
 #83

So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/

If that is the case then it's the perfect time to accept the crypto currency in the First and Second World to establish the protection for the users. I hope also because of advancement the essence of crypto currency will still exist.
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December 14, 2019, 04:38:36 AM
 #84

Yes this is excellent news for using crypto legally in Ukraine so their now doing well. Actually crypto already have been global but some countries accept legal and many countries not accept yet legally so i think this will be available in all countries.
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December 14, 2019, 04:53:17 AM
 #85

Yes this is excellent news for using crypto legally in Ukraine so their now doing well. Actually crypto already have been global but some countries accept legal and many countries not accept yet legally so i think this will be available in all countries.

It depends, countries differ especially in their regulation and jurisdiction, they also have difference on how they view technology and innovation in particular, there are many countries that view's cryptocurrency as a threat their economy which could be considered a a hindrance for a massive adoption. One thing that should be built first is the trust from people to government and government to people. Once the trust and relationship is already established, then implementation or legalization of more cryptocurrency and blockchain projects will be easier.
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December 14, 2019, 05:07:21 AM
 #86

This is a positive sign, some governments are understanding the advantages and possibilities of cryptocurrencies and this step of Ukrainian government will give a positive reason to learn to those governments which are against cryptocurrencies and I hope they will change their mind on this issue.
This is a positive news for 2020. I hope everything will be on the right track so that it pushes the market to have trend reversal. As we now, it is hard for the market to goes up. It really needs a strong support to break the resistance. Hopefully, it will come true because Ukraine is a large country and if the citizen out there support crypto. For sure, it will give a great impact in this industry.
I search information on google with Ukraine legal using bitcoin as transaction payment last October, just planning to adopt bitcoin and not have implement now for bitcoin can be use for digital currency payment, not good topic you make with Ukraine have legal using bitcoin but they only try to plan how to adopt bitcoin and altcoin as currency payment in their country.
In Ukraine, the law on the legalization of cryptocurrency circulation has not yet been adopted. Several generally good bills have long been in the Verkhovna Rada of Ukraine, and lawmakers cannot reach them for adoption as laws. In principle, in Ukraine there is generally no opposition to the legalization of cryptocurrency and one of the proposed bills will be adopted.
The law under discussion, adopted by the Verkhovna Rada on December 6, is dedicated to the implementation of the FATF decisions of June 21 this year and is aimed at combating money laundering and combating the financing of terrorism. He establishes that with all transactions in cryptocurrency over 30,000 hryvnias, that is, approximately $ 1,300, in Ukraine will be identified by the sender and recipient of the payment. Other states must also adopt similar laws throughout the year.

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December 14, 2019, 05:38:48 AM
 #87

That would be another reported country that legalized bitcoin. I think it just getting more slowly from country to country. Its maybe a new start for other countries to realized about bitcoin legalization as well. Eventually everyone can make concrete laws and regulations about it without depriving the crypto processes and without compromising the safety of the users and people as a whole.

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December 14, 2019, 05:57:50 AM
 #88

Of course this is good news as more and more countries are accepting cryppto. then that means we have headed for mass adoption. many countries are ultimately interested in supporting and also allowing crytocurrency in their countries. they are aware of the potential possessed by cryptocurrency. I am optimistic that in the future more countries will accept cryptocurrency. and hopefully in the future bitcoin can become a global currency that we can use everywhere.

 
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December 14, 2019, 06:07:11 AM
 #89

We know that this is good news becuase it can help people there hope other country did also. Bitcoin is gettinga huge propularity in the world.

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December 14, 2019, 07:53:12 AM
 #90

So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/
Let's just say Ukraine is not quite a small country.Laws on the legalization of cryptocurrencies are indeed adopted, but how they will work is actually difficult to imagine. Not the fact that this will somehow positively affect the market.
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December 14, 2019, 08:23:23 AM
 #91

This is a positive sign, some governments are understanding the advantages and possibilities of cryptocurrencies and this step of Ukrainian government will give a positive reason to learn to those governments which are against cryptocurrencies and I hope they will change their mind on this issue.
This is a positive news for 2020. I hope everything will be on the right track so that it pushes the market to have trend reversal. As we now, it is hard for the market to goes up. It really needs a strong support to break the resistance. Hopefully, it will come true because Ukraine is a large country and if the citizen out there support crypto. For sure, it will give a great impact in this industry.
I search information on google with Ukraine legal using bitcoin as transaction payment last October, just planning to adopt bitcoin and not have implement now for bitcoin can be use for digital currency payment, not good topic you make with Ukraine have legal using bitcoin but they only try to plan how to adopt bitcoin and altcoin as currency payment in their country.

Yes there is no such official confirmation from ukraine government that they are doing this move. Moreover i don't think adoption of cryptocurrency that fulfills AML and FATF legislation will have any impact on cryptocurrency. If you surrender crypto principle of  decentralization then no government will oppose it.
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December 14, 2019, 02:49:31 PM
 #92

This is quite a tip of an iceberg good news! Can't wait to see all the countries to realize the advantage of Cryptocurrency. Well, I guess it is better to have a slow movement of acceptance than nothing at all. I will start monitoring those countries that will follow the steps done by Ukraine.
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December 14, 2019, 03:05:08 PM
 #93

Its just time matters before bitcoin growing too big to set aside by the countries all over the world, so governments feel the need to regulate cryptocurrency in their countries, whether they will ban or allows it. Since some countries that ever ban cryptocurrency currently procced to allows it, then bitcoin will be regulated and more people will recognize the usability of bitcoin, then slowly bitcoin will gain mass adoption.
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December 14, 2019, 04:48:54 PM
 #94

This is quite a tip of an iceberg good news! Can't wait to see all the countries to realize the advantage of Cryptocurrency. Well, I guess it is better to have a slow movement of acceptance than nothing at all. I will start monitoring those countries that will follow the steps done by Ukraine.


Actually, developing countries have even understood the advantages of Blockchain and the usefulness of cryptocurrency. However, there are still many considerations from each government in implementing cryptocurrency. at least Blockchain technology has been widely used in the real world, especially in the financial industry

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December 14, 2019, 04:53:09 PM
 #95

This is actually a very very good news for people living in Ukraine , actually I just got to know about this news from the forum itself so thank you for sharing it with all of us , now people would be able to trade and share the cryptocurrencies without the fear of them doing anything illegal and all .
I am also living in Ukraine and it had opened up a lot of opportunities for small holders like us , now one can also see changes in the business because trust me Cryptocurrency employees more people than we can actually imagine.

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December 14, 2019, 04:53:18 PM
 #96

This is excellent news, because when cryptocurrencies are legal in a certain country, the doors of countless business and trading opportunities open, progress towards globalized use is certain.
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December 14, 2019, 05:09:41 PM
 #97

This is actually a very very good news for people living in Ukraine , actually I just got to know about this news from the forum itself so thank you for sharing it with all of us , now people would be able to trade and share the cryptocurrencies without the fear of them doing anything illegal and all .
I am also living in Ukraine and it had opened up a lot of opportunities for small holders like us , now one can also see changes in the business because trust me Cryptocurrency employees more people than we can actually imagine.
If that is true, It will be a very good news to us! It will reflect in bitcoin price as well,as we can observe everytime that market receives a good news like this one, the market pumps, really a good news and bad news as well affects the market so much, so people please stop making fud.

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December 14, 2019, 05:17:30 PM
 #98

So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think?

There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/
That's a great news for the crypto world. We can see through that crypto is making its move to dominate the whole world in the near future. There are a lot of other countries that amidst not legalizing crypto yet, the toleration and regulation of it is already prevalent. Now, we should wait and see if crypto would give off lots of benefits to Ukraine or give detrimental effects toward it. Let's hope its the first one or else crypto would give a bad impression to other countries that are speculating the use of crypto within their nation.
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December 14, 2019, 05:53:08 PM
 #99

Best thing to increase the adoption of crypto is to let people accept it as a payment or legal tender. Most of the countries will not do this because they think people will start evading taxes with this move but governments can make a system where everyone can be in a win win situation.
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December 14, 2019, 05:56:27 PM
 #100

This is excellent news, because when cryptocurrencies are legal in a certain country, the doors of countless business and trading opportunities open, progress towards globalized use is certain.
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