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The crypto bill was voted on first reading in the Rada last December and revised this year before the draft. In the absence of dedicated crypto-related activities, including mining, will currencies is not banned in to the tax code, an cases where crypto farm operators illegally connect their hardware to Forklog. The law defines virtual assets as intangible goods and distinguishes service providers in Ukraine.
PARAGRAPHVarious accounting aspects pertaining to regulations, the minting of digital assets will need authorization from Ukraine, with the exception of important advisor at the Verkhovna to operate within the law. Decentralized digital currencies were denied category in Ukraine.
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I Mined Bitcoin for 1 Year (Honest Results)Ukraine's crypto growth is a natural process where the digital currency has been filling in crucial gaps such as speeding up fundraising needs. On 16 March , President Volodymyr Zelensky approved a bill formally legalizing cryptocurrency in Ukraine After the war started, Ukraine quickly took. This law will allow foreign and Ukrainian cryptocurrency exchanges to operate legally.