When did Ukraine legalize crypto? Amid the war against Russia, Ukraine has legalised the crypto sector. President Volodymyr Zelensky signed a law to this effect on March 16, 2022. “From now on, foreign and Ukrainian cryptocurrency exchanges will operate legally and banks will open accounts for crypto companies.
Which country is going to legalize crypto? In September last year, El Salvador became the first country in the world to introduce Bitcoin as legal tender. According to a government statement, President Faustin Archange Touadera validated the law Wednesday. Tax contributions can also be paid in cryptocurrencies through platforms recognized by the government.
Does Ukraine have cryptocurrency? Michael says the most popular cryptocurrency in Ukraine is Tether, or USDT, a stablecoin that’s backed by the US dollar in what is supposed to be a 1:1 ratio: one dollar per tether coin.
Is Ukraine going digital currency? A month ago, Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum.