Russia-Hungry-Ukraine Moves to Legalize, Mining Bitcoin and Cryptocurrency : Bitcoin europe adopt news
KYIV, UKRAINE | A big crypto news coming from Russia, Ukraine and Hungry to legalize and mining facilities of Bitcoin in some bills and law for accept interational and domestic payment via blockchain technology. Europe’s most popular tourism country In europe regulating crypto and providing mining, Hashrate facilities from their energy stocks.
In Brief, crypto regulating.
The Ministry of Digital Transformation, created in 2019 to improve digital literacy and online access, drafted the legislation and will be responsible for implementing the law, which is expected to go into effect this fall after the tax code is amended and the president signs the legislation. As part of the agreement, which the Ministry pitched as a way to make the country more competitive in the Eastern European market, Stellar(XLM) would help in developing regulations and cryptocurrency infrastructure.
In brief, Crypto Mining facilities.
Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, claimed that Russian lawmakers are now considering recognizing the crypto mining industry as a form of entrepreneurship under local business laws, TASS news agency reported Sept. 8.
“As this [crypto mining] is a type of entrepreneurial activity, it is obviously necessary to include it into the state register, to regulate it as a type of entrepreneurship under an appropriate code, and impose relevant taxation,” Aksakov said.
After the China, Russia will be provides a lot of Bitcoin or Crypto Mining sources and facilities in the future in year 2021.
Russia, one of most popular energy, petroleum and gas provider to manage Bitcoin and other crypto mining and hashrate.
Ukraine, Hungry and Russia are now more interest in Bitcoin or other decentralized Currrncy like Solana, Cardano, XRP, $TORG and Ethereum to handle all the local currency note printing through the bitcoin and crypto market capacity from a specific country.
Ukraine and Hungry one of most popular exports mainly steel, coal, fuel and petroleum products, chemicals, machinery and transport equipment and grains like barley, corm and wheat. More than 60% of the exports goes to other former Soviet Republics countries with Russia, Kazkhstan and Belarus being the most important. Others include Turkey and China.
Ukraine, Hungry and russia now wants to make a new history in europe to accepts, regulate, ligalization, bills and law all about crypto or Virtual currency.
In South America El-Salvador, in Europe Ukraine, Hungry and Russia existing regulator of crypto now they making a legal crypto trading in their countries.
Next germany, France, UK and Italy will be regulate or legalized bitcoin with their own national currency.
USDTether creator Switzerland, BNB creator Malta that all are existing high volume of crypto users and creators.
The EU countries are using crypto and Bitcoin from blockchain technology to make international transaction, physical high amount deal, bitcoin lightning network oppritunity and other digital tranaction and financial services better than banking and other finance companies.
After chinese crackdown of Crypto ban, mostly crypto blockchain transction server is not stabled yet to reliaze bitcoin transactions easy with 60% of energy provides from Russian miners.
El salvador, Hungry, Ukraine yet a crypto regulating and legalized country but energy, power, software tech, mining rig speed, hashrate still bitcoin hope from Russia And Belarus.