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Ukraine Legalizing Bitcoin, Cryptocurrency is Going Global

By Paul Ebeling

#bitcoin #cryptocurrency #Ukraine

$BTCUSD

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!

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Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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