Ukraine comes out with responsible and fair bitcoin/crypto regulation

in #bitcoin29 days ago

The US could learn from them...

The Ukraine has the same fears the US obviously does.

They worry that if enough people adopt bitcoin they could lose control over their currency.

Irregardless they are going about responsible and fair bitcoin/crypto regulations in order to not stifle innovation.

At the same time they are trying to put in guard rails to make sure their national currency does not get replaced.

While it will be interesting to see how this works out, the US needs to make sure they also only implement fair regulation and don't attempt to kill the industry via regulation.

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(Source: https://twitter.com/BitcoinMagazine/status/1441013909360680964/photo/1)

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No matter what regulations are implemented, the crypto industry will fight back and find loopholes to abuse.

My team has had members from Ukraine since before I was promoted as team leader.