Tuesday, September 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Cryptocurrency

The Ukrainian Parliament has passed a law to make Bitcoin and other cryptocurrencies legal

Tech Gist Africa by Tech Gist Africa
09/09/2021
in Cryptocurrency, Regulation, World News
0 0
0
Ukraine Cryptocurrency

Ukraine Cryptocurrency

0
SHARES
Share on FacebookShare on Twitter

According to local news media, Ukraine has passed a bill making cryptocurrency and other digital assets legal in the country.

Ukraine now has the legal authority to regulate digital currency thanks to Bill No. 3637 on Virtual Assets.

According to the bill draft, “this Law regulates legal relations arising in connection with the turnover of virtual assets in Ukraine, defines the rights and obligations of virtual asset market participants, and the principles of state policy in the field of virtual assets.”

Despite the victory for cryptocurrency, it is still not possible to use it to purchase goods and services.

However, it allows blockchain companies to legalize individual business processes and work directly with the current banking system.

Citizens will be able to own and trade bitcoin and other cryptocurrencies on exchanges under the terms of this bill. The legislation also clarifies the concept of wallets and private keys.

It is important to note that while bitcoin is now legal in Ukraine, it is not legal tender. In order for that to happen in the future, another bill will be needed.

Ukraine is the fifth country in as many weeks to establish some ground rules for the cryptocurrency market, indicating that governments all over the world have realized that bitcoin is here to stay.

The country intends to open its cryptocurrency market to businesses and investors by 2022.

 

Read more on Tech Gst Africa:

Honduras has installed the country’s first cryptocurrency ATM, dubbed La Bitcoinera

El Salvador becomes the first country to legalize Bitcoin as a legal form of payment

For the first time in three months, Bitcoin surpasses $50,000

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Chip
Artificial Intelligence

China Ramps Up AI Chip Self-Sufficiency Amid Global Tech Race

by Tech Gist Africa
08/22/2025
0

In a strategic move to bolster its position in the global technology race, China is intensifying efforts to achieve self-sufficiency...

Read more
Tesla Elon Musk

Tesla Powers Up: Enters UK Energy Market with Innovative Solutions

08/20/2025
world humanoid robot games 2025

World Humanoid Robot Games Spotlight Embodied AI

08/19/2025
apple ceo tim cook

Apple Reportedly Developing Proprietary AI ‘Answer Engine’

08/15/2025
Australia

Australia Expands Social Media Ban to Include YouTube for Children Under 16

08/15/2025
Next Post
MTN Group

MTN Group is said to be in talks to sell its wireless business in Afghanistan

Ecobank

Ecobank receives a $75 million investment from Arise B.V

Glovo

Glovo, an on-demand delivery business, wants to invest $60 million in expanding across Africa

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.