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Ukraine legalizes Bitcoin and other cryptocurrencies amid rising tensions with Russia

Shortpedia

Content Team
Image Credit: Shortpedia

The Ukraine parliament passed a law that legalizes Bitcoin and other cryptocurrencies in the country to protect the country's assets from possible abuse and fraud. Vice PM of Ukraine, Mykhailo Fedorov, confirmed the news in a tweet said "Ukraine is already in top-5 countries on cryptocurrency usage. Today we made one more step forward": "Parliament adopted law on virtual assets! This will legalize crypto exchangers and cryptocurrencies.