The Ukrainian Cabinet of Ministers on the Financial Stability Board is now in the process of rendering its decision regarding the legality of cryptocurrency in the country.
Considering that the Cabinet of Ministers is the highest body of executive power in the country, its decision will shape the future of Bitcoin and altcoins in Ukraine – and possibly neighboring countries – moving forward.
For now, no one knows what we can expect from this decision, and there have not been any outspoken negative comments so far.
Ukraine’s central bank, for its part, remains indecisive regarding Bitcoin for the time being. It has no interest in legalizing Bitcoin, but it is not planning to make it illegal either.