Ukraine Legalizing Bitcoin, Cryptocurrency is Going Global

#bitcoin #cryptocurrency #Ukraine

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JUST IN:

  • In a nearly unanimous vote, the Ukrainian Parliament adopted a law that legalizes and regulates cryptocurrency.
  • The bill was set in motion in 2020 and now heads to the desk of President Volodymyr Zelenskyy.
  • Until today, dealing in crypto in Ukraine has existed in a legal gray area

Ukraine is the 5th country in the last 5 wks to lay down ground rules for the cryptocurrency market, a sign that governments around the world are realizing that Bitcoin is here to stay.

By Y 2022, the country plans to open the cryptocurrency market to businesses and investors, according to the Kyiv Post. 

Ukraine joins a long list of countries folding Bitcoin into national law.

Have a prosperous day, Keep the Faith!

#Bitcoin#cryptocurrency#Ukraine