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Author Topic: Crypt is now legal in Ukraine  (Read 2042 times)
zulfi125
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December 10, 2019, 07:09:58 AM
 #21

This good news for the crypto community and motivating to the crypto industry, I hope in the year 2020, many counties will adopt crypto, and most of the project will be on blockchain 2020. Maybe Chiana will officially legalize crypto in 2020.I congratulations to Ukraine crypto community.

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December 10, 2019, 07:13:01 AM
 #22

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/
This is a good start!
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December 10, 2019, 07:18:47 AM
 #23

Wow, wonderful for the crypto sphere,the ukrainens  are really lucky,I bet very soon other countries will start legalizing Bitcoin,I can't wait my country to legalize Bitcoin tho,tired of using Fiat currency when am going out for shopping.

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December 10, 2019, 07:25:22 AM
 #24

That's really good news. That is all we wanted; getting more countries to adopt crypto and be legalized. Just be ready and be prepared for the regulations that could be enforced. One of the crypto characteristics which is anonymity will fade away cause of KYC policy I think. However, the important is we can freely use crypto as a medium of exchange, treat as an asset/property.

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December 10, 2019, 01:51:06 PM
 #25

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/

Quote
According to Forklog, members of the Verkhovna Rada — Ukraine’s legislative arm, have adopted a new bill that incorporates international AML best practices into the country’s crypto regulatory framework.

By adopting the new regulatory standards for crypto payments, Ukraine is also complying with the guidelines introduced by the inter-governmental Financial Action Task Force (FATF). Since the start of 2019, the FATF has been keen on directing member nations to enact more stringent regulatory provisions.

Source : https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/
You really think its a cryptocurrency? I think its a joke with cryptocurrency.

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December 10, 2019, 02:01:54 PM
 #26

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/
Did you give us correct information about bitcoin have been legal currency payment in Ukraine? if really true with bitcoin have been legal currency maybe good because can pump bitcoin to higher price but if you try to make people buy bitcoin and make them trust with your fake information you have give lost investment for many people because you try to make people believe with your information.
When I tried to verify the news, I saw different information that proves it is yet to be approved (https://cryptopotato.com/ukraine-set-to-legalize-cryptocurrencies-as-means-of-payment-and-investment/) Thats some hours ago. Although there seems to be a boost to the approval and the chances are better. They might need improvement in the law as time passes cause the bill presented seems to have restrictions, some with size of holdings etc.
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December 10, 2019, 02:07:33 PM
 #27

It is good that slowly by slowly, cryptocurrency is being accepted by different countries. But what I am afraid of is that we never know what will happen in the long run. What if these governments will abuse crypto years after legalizing crypto? I am not against legalization, in fact I am happy but it just makes me think about the other possibilities that we might encounter.
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December 10, 2019, 02:08:27 PM
 #28

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/

Very encouraging news for all of us crypto lovers, this indicates that crypto is starting to be in demand by countries in Europe and even there is an issue saying Europeans themselves will use digital currencies as substitutes for major currencies in the near future.

Hopefully other states can begin to be open to crypto in the future.

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December 10, 2019, 02:37:14 PM
 #29

I am happy for Ukraine, but this is only the first step.
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December 10, 2019, 02:41:15 PM
 #30

About global powers, that's more unlikely, if you're talking about Bitcoin and other cryptocurrency adoption. From your words, these countries have 'power' to make their own digital currency, or even their own version of cryptocurrency (but highly unlikely since they don't want full transparency) and use it to lead the race again for being the globally accepted currency aside from their own fiat.



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December 10, 2019, 02:45:47 PM
 #31

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/
This is a small step towards to the global adoption of cryptocurrency and I see a lot of news like this. I hope someone doesn't spread some fake news out there just because the market is in bearish trend. Let's keep some kind of news like this coming because it will give the cryptocurrency a chance to get some investors. I think China was the first one who took the first step that's why most countries are following.

R


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December 10, 2019, 03:12:28 PM
 #32

Ukraine was already a crypto friendly country and a lot of people there are already accepting bitcoin and crypto as a payment method in their business, and there were no statements before from the government about it, but with the recent news and a lot of countries like Germany, France moving toward crypto, it seems that a lot of European countries are going toward that and accepting crypto as it has a good potential to become somthing big in the future.
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December 10, 2019, 03:18:18 PM
 #33

It is good that slowly by slowly, cryptocurrency is being accepted by different countries. But what I am afraid of is that we never know what will happen in the long run. What if these governments will abuse crypto years after legalizing crypto? I am not against legalization, in fact I am happy but it just makes me think about the other possibilities that we might encounter.
Indeed, particularly nowadays that anything is possible when it comes to money it means there is a huge chance that they will take advantage of it. Well we don't know the possible things that may happen but for now let's just be happy that the adoption is improving because I know that crypto is capable on handling things very well. Governments are wise they will do anything no matter what it takes just to get what they wanted without getting their reputation ruin so we should be cautious since we can't easily say their true intention with crypto. It sounds to negative but it's possible so we must prepare ourselves.

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December 10, 2019, 03:21:31 PM
 #34

Is a nice step for Ukraine and for the cryptos. Is nice to see a country supporting cryptos a letting their civilians to use them with freedom. I'm waiting for my country to do the same, but it will take some time for México to see the light. We already have the fintech law, but it was made for big companies and not for simple humans. So, we need more laws about the topic.

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December 10, 2019, 03:22:21 PM
 #35

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/

Maybe this news looks small but it is great news for the people of Ukraine. Crypto is now classified and will be treated as a property in that country. With this the people can trade and invest in crypto legally and they will not need to hide thier crpto related activites like in other countries where the use of crypto is considered as an illegal action.
People should see how good or bad this decision turns out to be in the long run for Ukraine public.
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December 10, 2019, 03:34:18 PM
 #36

Congrats to Ukraine to finally legalize BTC, maybe we will also see Ukraine digital currency as well.

corruption in the country must be very rampant so this legalization is probably just the start to to probably monitor officials in their country since their president sees blockchain as a tool in fighting systemic corruption in the country. there were few articles about Ukrainian politicians owns huge amount of BTC. sort of a surprise that a lawmaker reveals they owns BTC amounting to millions of USD. 









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December 10, 2019, 04:00:25 PM
 #37

the acceptance of Bitcoin and cryptocurrency in a country is positive feedback for us. considering that there are still many developed countries rejecting the regulation of Bitcoin. We need to pay attention that when developed countries give negative statements about Bitcoin/crypto the price crashes. Hopefully, there will be no more manipulation and the price of Bitcoin will rise again above 10k USD.

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December 10, 2019, 04:01:26 PM
 #38

It's nice to see that new countries are open up to new opportunities like cryptocurrencies. Now France want to launch their own crypto. It might be going in the right direction
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December 10, 2019, 04:08:44 PM
 #39

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/

Not a big news, nor interesting one cause every govt should hear what their people want and to be like this country so it should be a normal thing.

On the other side, the govt might want to ease the control of crypto utilization since their people don't need to do transactions silently anymore.

 

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December 10, 2019, 04:11:28 PM
 #40

This is good news for the crypto community, hopefully other countries can follow in the footsteps of Ukraine legalizing crypto.
Especially for countries who banned crypto can change their minds about this news. I really hope that this news can slightly
drives the price of bitcoin. Because with this news at least it will attract new investors in Ukraine to buy bitcoin. Although it is
still a small step, but I am sure it will bring a positive effect on the growth of crypto world.

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