Crypt is now legal in Ukraine

[acdc]

A big step forward for cryptocurrencies, congratulating the Ukrainian cryptocurrency user community.
This news may make other governments more interested in electronic money.
In my country, e-money is only considered as an asset that people invest to make a profit. A person would break the law if he used cryptocurrency to pay for an item, I hope that one day I can freely use cryptocurrency when shopping.

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[White Christmas]

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's the case, then it is really a great news for us who are in the crypto community because there is another country who legalized bitcoin already and I don't know what would be happen on the following years, maybe we will just legalized for some small country first as our first step and later on, even the biggest countries will already legalized bitcoin or cryptocurrency and that would be really a good for us but before that we must be able to adapt first cryptocurrency in some countries and places so that the government will be enlighten about the good factors that the crypto will bring to their country. We will just start on little and as time passes by we will be able to target those bigger opportunities.

[Palider]

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/

It may have a small impact now. But in the future of bitcoin we see it clearly and it's starting now.
Therefore, we will continue to support bitcoin and other altcoins as this will give us good income in the future.

[pawanjain]

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.

 

Not every country has a good government and not every government listens to what their people wants.
Many countries have corrupt governments and so it is indeed a big news if Ukraine legalized crypto payments.
Such things should keep happening and only then will people realize the potential use of crypto.

[joinfree]

Wow, this awesome. I am much more happier about the fact that Ukraine has made such announcement about legalizing cryptocurrencies than the nuances of details contained in this bill. This act will encourage other countries to reconsider their harsh decisions about crypto and also make way for those countries who have not made any stance with cryptocurrencies to legalize it in one way or another. Let's never give up on the adoption and use of cryptocurrencies because it will happen someday, hopefully.

[Hamphser]

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.

 

Not every country has a good government and not every government listens to what their people wants.
Many countries have corrupt governments and so it is indeed a big news if Ukraine legalized crypto payments.
Such things should keep happening and only then will people realize the potential use of crypto.

I think it all depends on how the government run their new cryptocurrency to the people. Just like China they don't support bitcoin because they can't control it and they think it's risky that's why they supported the blockchain technology to create their own cryptocurrency. Now, the people have to deal with it but i still don't know if it will be a trend to their people or not.

[Aikidoka]

That's a good news to hear about such bitcoin is legal now in Ukraine, I hope that bitcoin will be spread over the world and more countries keep legalize bitcoin, so then, bitcoin will be stronger and even it's gonna gain a higher value and more people will join our bitcoin community!

[Twentyonepaylots]

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/

It may have a small impact now. But in the future of bitcoin we see it clearly and it's starting now.
Therefore, we will continue to support bitcoin and other altcoins as this will give us good income in the future.

Finally they have seen the use of cryptocurrency in seamless transaction providing hassle free and convenient way of paying. This is indeed a good good news legalizing the cryptocurrency for payment settlements however the citizen of Ukraine must be careful of using crypto and avoid any illegal contact with it as it levels the AML standards. As far as I know just earlier this year they already widespread the accepting of bitcoin as payment method in their public transportation, and now this, clearly the transition we are waiting is happening now. It may be slow but at least it has started.

[Mike Mayor]

Why does it have to be "legal" you could always use crypto. Things don't need to be made legal. So if I create something it must become legal to be used? What a load nonsense. Is playing video games also legal in your country? Do they have to like write up laws to say it is legal? If I have something and want to trade it for something else I don't need to wait for anything to become legal I own them and can as I like with them.
This freaking FATF laws must also !@#$ off. How obsessed are these people? They act like everyone who owns crypto has some sort of link to the underworld  are laundering their money they have now stolen or some shit. My god what a bunch of bloody paranoid idiots. They just want your tax money and will use every excuse in the book to milk you of it.

[senin]

This law is very large in volume and amounts to about one hundred pages. As far as I read it today, it is not dedicated to legalizing cryptocurrency in Ukraine, but to preventing attempts to legalize dirty money and combating the financing of terrorism, that is, Ukraine is implementing the FATF decision of June 21 this year and more than two hundred participating states are required to do the same. In particular, any transactions worth more than 30,000 hryvnias, that is, 1,300 dollars, should be checked and at the same time both the sender and the recipient of this money in cryptocurrency should be established.

[cabron]

This law is very large in volume and amounts to about one hundred pages. As far as I read it today, it is not dedicated to legalizing cryptocurrency in Ukraine, but to preventing attempts to legalize dirty money and combating the financing of terrorism, that is, Ukraine is implementing the FATF decision of June 21 this year and more than two hundred participating states are required to do the same. In particular, any transactions worth more than 30,000 hryvnias, that is, 1,300 dollars, should be checked and at the same time both the sender and the recipient of this money in cryptocurrency should be established.

That's just what it could mean as well.  It doesn't mean legal but a way to monitor possible laundering act in the country. Several Ukraine official had previously express as crypto loving Ukrainians which they own thousands to hundred BTCs. And it would also mean they can get money our of these crypto users, the money from taxing from BTC will be worth since their citizen were using BTCs already.

[jameshugo17]

In other developing countries, such as Ukraine, they are making arrangements for Bitcoin. Of course I don't know how serious they are about this. Bitcoin offers an alternative to the current economy. But it does not eliminate the current economy. Systems can be integrated.

[Doyenne]

I poorly imagine the use of cryptocurrency as payments for public transport, I rather imagine it as a long-term investment. But I think the idea is not bad.

[Astvile]

I poorly imagine the use of cryptocurrency as payments for public transport, I rather imagine it as a long-term investment. But I think the idea is not bad.

Well payments on public transport using cryptocurrency is really good specially is such cryptocurreny has lightning network implemented. Cryptocurreny being used in all daily expenses is a really good idea for crypto users, imagine walking cashless and still be able to survive.

[veleten]

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/

there is nothing on the news and the bill has not passed the votes just yet
and  don't see how it is positive for Ukraine as there will be just additional taxing for the crypto holders
you , basically , gain nothing but are now going to pay taxes on your trades and sale of coins
the problem with Ukraine is that the government  is super corrupt and every next one is worse than the previous
even if this bill passes , the taxes won't be serving anything good but will be spent on the things like paying debts to IMF and such

[hahay]

That is a very good and extraordinary step taken by the Ukrainian government in adopting every existing regulation well, so at least crypto is not only an asset for investment, because the strong reason in legalizing crypto in Ukraine is a major mission there which where the Ukrainian government wants to fight systemic corruption. So with the adherence of every rule that applies then maybe it will become a model for all countries to have a broader view of digital technology and the blockchain itself.

[Zionatin]

This is great news. The more this kind of thing happening the better for adoption. Counting it as property good.

That is a very good and extraordinary step taken by the Ukrainian government in adopting every existing regulation well, so at least crypto is not only an asset for investment, because the strong reason in legalizing crypto in Ukraine is a major mission there which where the Ukrainian government wants to fight systemic corruption. So with the adherence of every rule that applies then maybe it will become a model for all countries to have a broader view of digital technology and the blockchain itself.

Other governments must learn from this. I wonder which ones will create their own cryptocurrency first? It will be really exciting when countries develope their own cryptocurrencies. I wonder if you will get extra incentive to mine it? If they want to fight corruption maybe they should use bitcoin since it can be traced so officials can't waste money.

[Finestream]

It is excellent news to be able to use cryptocurrencies as a means of legal payment in Ukraine, only they are doing it for money which is a joke.

In preparing the bill, Ukrainian lawmakers reportedly collaborated with European Union (EU)-funded crypto experts. Ukraine’s government will also be hoping that the adoption of the new laws will aid its quest in securing up to €500 million in financial assistance from the (EU).

And where all that money will go? If it's approved, we'll see.

This is only a small picture, regardless of what their purpose as long as it's legal already and we can expect again the adoption will continue to grow.
Government being "pro crypto" is good for adoption and this is just increasing since other countries seeing Ukraine legalizing crypto might also consider following it especially if they see some benefits for economic improvement as well.

[iRaMMuS34]

I know how things are run in Ukraine, it's only matter of time till they close that door. By this I mean anti-crypto law projects as soon as they find out it's doing no good for Ukrainian banking system. Let's hope for the best tho

[asus09]

It is very good and great news for cryptocurrencies, it must be so started from small to global countries and hopefully in the year 2020 many other countries that legalize crypto, because with the legality of global crypto can increase the movement Bitcoin Price.

We are waiting is true bitcoin become legal currency payment in Ukraine or not, maybe just opinion for Ukraine want to adopt bitcoin as legal currency payment transaction because many big country want to banned bitcoin and give impact for other country allowed to banned bitcoin, but when big country like China want to allow using bitcoin as currency I think United State will lost reputation to banned bitcoin.