Today I will share a detailed news about Ukraine officially legalizing bitcoin and cryptocurrencies and now bitcoin & cryptocurrencies from Ukraine officially legal. ✅
Information about the official legalization of cryptocurrencies was shared on the official twitter account of Ukraine's Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov and on the official press website of Ukraine.
Prior to that, the Belarusian government also signed a decree officially legalizing bitcoin and cryptocurrencies. The circulation of bitcoin and cryptocurrencies is now free and legal in Belarus. Cryptocurrency investors living in Belarus can legally transfer, trade, and make long-term investments. I shared a detailed news about this in my personal account, you can get information by clicking the link below.
Ukrainian Deputy Prime Minister and Head of Digital Transformation Mykhailo Federov announced on his official twitter account that Ukraine is the 5th in the world in the use of cryptocurrencies, and that they signed the decree on the official legalization of cryptocurrencies by the government. In this tweet, he additionally shared information that the rights of users living in Ukraine and investing in cryptocurrencies will be protected and that they will keep investors safe against transactions such as fraud and theft.
MPs in Ukraine openly voted on this law, and 300 deputies voted affirmatively, 2 deputies abstained, and 36 deputies did not vote for the decree on the legalization of cryptocurrencies. The positive impact of MPs from political parties in the country regarding cryptocurrencies is great. Undoubtedly, Ukraine's legalization of bitcoin and cryptocurrencies is an indication that the country's economy will develop in the future.
Voting Results of the Law-Photo Source
Ukraine is also working on the draft law on taxation and regulation of cryptocurrencies. The regulations will both keep investors safe and enable users who find cryptocurrencies unsafe to trust with the support of the government and join the crypto money world. That's why adding countries that officially legalize bitcoin and cryptocurrencies and protect investors is crucial for development. As the number of investing users increases, the total market value of cryptocurrencies will increase, which will cause a positive reaction in terms of price.
After Belarus and Ukraine officially legalized bitcoin and cryptocurrencies, we look forward to Russia's official decision with cryptocurrencies.
I think that the news about the legalization of the next crypto money will be about Russia.
What are your thoughts on this subject? Are cryptocurrencies legal in your country of residence or there are studies for regulation?
Bitcoin is currently trading at $40.4K, down 6.60% in the last 24 hours.
The Photos I Use In The Cover Photo Are No Copyright And It's Free...
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