Residents of Ukraine will be able to legally keep exchange and spend cryptocurrencies once the new virtual assets law is adopted The legislation will comprehensively regulate the crypto space possibly lower taxes for Ukrainians and create conditions for new services a government official revealed

Things are starting to get interesting again in the bitcoin price After what turned out to be a pretty heavy correction we had a pretty solid bounce at the start of this week and this bounce now looks to have turned into a fullblown recovery The correction has been on our minds for quite some time now with financial assets generally unable to avoid some degree of a downturn on the back of an upside one especially one to the degree with which Bitcoin moved over the last couple of months We did not expect the correction to be quite so severe however but then again we didnt really know what to expect and we have had to use our breakout strategy as a sort of hedge strategy as opposed to a pure profit strategy whilst the correction matured This isnt necessarily a bad thing it could be worse after all However it is good to get a return to the upside action and with it the ability to draw profit both from a longterm holding and a shortterm momentum perspective

Several of South Koreas largest crypto exchanges have allegedly joined the increasing list of global sanctions against Russian President Vladimir Putins regime by barring the countrys IP addresses

Residents of Ukraine will be able to legally keep exchange and spend cryptocurrencies once the new virtual assets law is adopted The legislation will comprehensively regulate the crypto space possibly lower taxes for Ukrainians and create conditions for new services a government official revealed