Ukraine joins the comity of crypto-friendly nations with new regulation By Cointelegraph

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Ukraine joins the comity of crypto-friendly nations with new regulation

The authorized standing of cryptocurrencies stays a combined bag of regulatory positions, relying on the jurisdiction being thought of. Whereas some nations transfer towards blanket prohibitions or stringent rules, others elect to go along with a extra open strategy to crypto.

For Ukraine, the latter path seems to be the case, with the federal government encouraging legalized crypto operations inside the nation. Ukraine’s seemingly constructive stance on cryptocurrencies additionally stands in stark distinction with neighboring Russia the place officers are enacting regulatory roadblocks towards the possession and use of digital currencies.