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Author Topic: Ukraine Just Legalized Bitcoin  (Read 742 times)
TribalBob
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February 24, 2022, 05:33:54 PM
 #81

Ukraine's parliament has supposed a new law that legalises cryptocurrency. The bill was adopted in a near-unanimous vote on Wednesday and needed to be signed by President of Ukraine 'Volodymyr Zelensky'. From today, trading or vendoring in crypto in Ukraine has existed in a legal grey area. Local peoples are now permitted to buy, sell and exchange cryptocurrencies, but law enforcement will often see companies and exchanges dealing in crypto.
Ukraine's crypto law does not promote bitcoin as a form of payment or legal tender or does not put Bitcoin on an equal floor with the hryvnia (Ukraine's national currency).

Sources: https://www.thestreet.com/investing/bitcoin-goes-to-war-ukraine-legalizes-cryptos-as-russia-pressures-build

Then this will really affect the crypto market if the War of Ukraine against Russia ? because this is one of the good news now mate but what is in the war to come is a different thing.

If the war comes to start then this legalization may not take part because the negative effect will made the market and people rattle than investing in bitcoin .


It is very unfortunate, looking at Russia and Ukraine at this time, if the debate is only about legalizing bitcoin, if legalizing bitcoin with the aim of not being dependent on the dollar there should not be a conflict like this,
I'm really concerned about this situation.

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February 25, 2022, 08:23:16 AM
 #82

Ukraine's parliament has supposed a new law that legalises cryptocurrency. The bill was adopted in a near-unanimous vote on Wednesday and needed to be signed by President of Ukraine 'Volodymyr Zelensky'. From today, trading or vendoring in crypto in Ukraine has existed in a legal grey area. Local peoples are now permitted to buy, sell and exchange cryptocurrencies, but law enforcement will often see companies and exchanges dealing in crypto.
Ukraine's crypto law does not promote bitcoin as a form of payment or legal tender or does not put Bitcoin on an equal floor with the hryvnia (Ukraine's national currency).

Sources: https://www.thestreet.com/investing/bitcoin-goes-to-war-ukraine-legalizes-cryptos-as-russia-pressures-build

Then this will really affect the crypto market if the War of Ukraine against Russia ? because this is one of the good news now mate but what is in the war to come is a different thing.

If the war comes to start then this legalization may not take part because the negative effect will made the market and people rattle than investing in bitcoin .
Any bad news in the world, especially concerning big countries, will certainly have an impact, as well as the conflict between these two countries. but usually the impact is just the beginning and bitcoin will continue to run as usual and trading will run normally again.

It is very unfortunate, looking at Russia and Ukraine at this time, if the debate is only about legalizing bitcoin, if legalizing bitcoin with the aim of not being dependent on the dollar there should not be a conflict like this,
I'm really concerned about this situation.
It's really very unfortunate, this is because it concerns the egos of their leaders, which so far the two leaders have gotten along but now don't get along and so many issues have surfaced making conflict unavoidable, so it's not just one problem, especially regarding the legalization of bitcoin, that's clear. just the add trigger only.
Hopefully everything can be resolved soon, if you want to sit down and negotiations can be carried out.

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