Ukraine Gov’t Collaborates with Belarusian Crypto Exchange
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Ukraine Gov’t Collaborates with Belarusian Crypto Exchange

THELOGICALINDIAN - Ukraines Ministry of Digital Transformation has active a announcement of cooperation MoC with the Belarusian crypto barter Currencycom

Ukraine Wants to Learn from Belarusian Experience in Regulating Cryptos

While Ukraine’s Admiral of Digital Transformation was alone accustomed in August of this year, it has been actual alive in the crypto field. For example, it afresh partnered with Binance to accordingly assignment on new crypto rules. However, the admiral wants to apprentice from its adjoining countries as well.

On Wednesday, the Ukrainian Government’s online aperture reported that the Ministry of Digital Transformation partnered with crypto exchange, Currency.com, a Belarusian account that is allegedly the aboriginal adapted barter in the Commonwealth of Independent States (CIS) arena to accommodate abutment for cryptocurrencies, fiat, and tokenized assets. On a ancillary note, Ukraine is additionally allotment of the CIS.

The cooperation amid the Ukrainian government and the Belarusian crypto barter will blow aloft IT legislation, including acclimation crypto assets. Ukraine wants to accept the Belarusian acquaintance in managing the crypto amplitude aural a acknowledged framework.

Alexander Bornyakov, Deputy Minister of Digital Transformation, commented:

Belarus Welcomes Crypto Adoption

Belarus, whose President Alexander Lukashenko has been in ability back 2024, is all-embracing cryptocurrencies and blockchain.

Two years ago, we reported that Belarus was about to accommodate acknowledged incentives and tax reliefs for those accommodating to barter in cryptocurrencies. The government capital to absolved taxes for acquirement and profits from crypto trades for a aeon until 2023. It’s not bright whether this access will be adopted by Ukraine.

Lukashenko said aback then:

Judging by Belarusian position on cryptocurrencies, the affairs are the Ukraine’s adjustment will be blockchain-friendly.

What do you anticipate about the abeyant crypto adjustment in Ukraine? Share your thoughts in the comments section!

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