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Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto (coindesk.com) 61

Posted by BeauHD from the currency-of-the-future dept.
Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets, amid a frenzy of digital asset donations to support the country's defense against a Russian invasion. CoinDesk reports: The law determines the legal status, classification, ownership and regulators of virtual assets, as well as setting registration requirements for crypto services providers, the Ministry of Digital Transformation said in a statement Wednesday. The market will be regulated by Ukraine's National Commission on Securities and the Stock Market. Exchanges will be able to operate legally, and banks will open accounts for them, the digital ministry said in a tweet.

The state body is tasked with "shaping and pursuing a policy in the field of virtual assets; determining the order of circulation of virtual assets; issuing permits to virtual asset service providers; and carrying out supervision and financial monitoring in this area," according to a Feb. 17 government announcement. The Ministry of Finance is working on amendments to the country's tax and civil codes to fully launch the market for virtual assets, the statement said. The report notes that Ukraine has received at least $100 million in crypto donations following Russia's unprovoked and unjustified attack on the country.

Zelenskyy rejected an earlier version of the bill in September 2021.
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Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto More

Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto

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  • How a bill becomes a law (Score:3)

    by reanjr ( 588767 ) on Wednesday March 16, 2022 @08:18PM (#62364847) Homepage

    Parliament: let's allow cryptocurrency

    Zelensky: no

    Russia: let's get rid of the Jewish Nazis leading Ukraine!

    Cryptobros: here Zelensky, have some crypto to buy your people food or weapons or something.

    Parliament: can we allow cryptocurrency now?

    Zelensky: ... fine...

  • Oh look, a partisan editor.

    Look here, BeauHD, editors are supposed to edit, not strut their political opinions.

    I don't need you to throw your opinions in my face, regardless of whether I agree with them. I might agree or I might not, but in either case, I don't want your value judgements. I'll make up my own mind, thank you very much indeed.

    You are supposed to bring the news.

    • So you disagree with the statement. Got it.

    • I think that's widely accepted as fact. Are you saying it was provoked or justified?
      • Sigh.

        The first casualty of this conflict was truth.
        In a day, we all forgot that the Ukrainians literally incorporated the Azov Battalion [wikipedia.org] into their armed forces and fought a bloody war against separatists who happened to be ethnic Russians.

        That doesn't justify what the fuck is happening now- not even by a long shot.
        But fucking A, what has got you people standing in line in the cold to suck Zelenskyy's cock? I mean, I'm impressed with him too, but frankly, this is a case of not poking the bear.

        They p

        • But fucking A, what has got you people standing in line in the cold to suck Zelenskyy's cock?

          Well, the other line ran out of bread...

        • ..fighting Russian separatists in Ukraine.

          Let's spend a moment here discussing who-provoked-who and why you're so gentle on the 'Russian separatists in Ukraine'. Please recall who was it that shot down Malaysian Air flight 17 [wikipedia.org]? Russia-armed fighters who are Russians pretending to be Ukrainian rebels [wikipedia.org]. Russia has been manufacturing this 'separatist movement' in Donbas for years and yet Ukraine is the one provoking Russia? That perspective is absolutely detached from reality.

          We have plenty of dipshits in Ame

          • Let's spend a moment here discussing who-provoked-who and why you're so gentle on the 'Russian separatists in Ukraine'. Please recall who was it that shot down Malaysian Air flight 17 [wikipedia.org]?

            I'm in no way gentle on anyone. That's your own projection.
            I merely stated the facts as they are on the ground.
            There are Russian separatists within Ukraine. Not much that can be done about that. They are a majority of the population in their area.

            Are you attempting to say that since the Russians, or their aligned separatists shooting down MH17, it somehow negates the fact that the Ukrainian state has integrated people with a fucking wolfsangel and black sun on their emblem into the very group of people

        • I'm in Europe and there isn't an army in Europe that doesn't have a neo Nazi problem. Second, Ukraine poked the bear? Sorry, after Russia taking Crimea and getting separatist weapons like the BUK that took down MH17, you're now claiming that they are a bear - an instinctive animal that has behaviour to be taken into account, instead of another country that can choose to behave violently or not...? Fsck that shit.

        • The Azov Brigade was incorporated. No one forgot that. That does not mean Putin invaded to save the world from nazis, or that the government of Ukraine was chock full of nazis, or even the Ukrainian military. It was one brigade, formed in response to military invasion in 2014 by Russia. And being outnumbered Ukraine did not apply political litmus tests to those defending the country in the Donbas area.

          Ukraine did not fight a way against just separatists, but against Russian backed separatists and Russia

    • That's not a value judgement. The attack was not provoked and is not justified. This is a matter of fact, not opinion. Any and all reasons given by Russia are very obviously fabrications. The International Court of Justice in the Hague, the highest UN court, ordered Russia to suspend its military operations in Ukraine.

      • This:

        That's not a value judgement. The attack was not provoked and is not justified. This is a matter of fact, not opinion. Any and all reasons given by Russia are very obviously fabrications.

        Is not related to this:

        The International Court of Justice in the Hague, the highest UN court, ordered Russia to suspend its military operations in Ukraine.

        The latter is a fact, the former is your opinion.
        The latter order is in no way based upon the "provocations and justifications" claimed by Russia (as laughable as they are).
        It's based upon standard international law- Russia doesn't have a right to unilaterally invade Ukraine over its claimed provocations.

        You're jamming them together, I think, in order to make your opinion look like fact.

        It is nearly impossible to argue that Russia was not provoked.
        You can argue that they'

        • Lots of troublemakers start fights claiming you provoked them by looking at them. It doesn't work that way. Provocation is not defined by the aggressor. It would be much more reasonable to call the "separatist movement" in the Donbas region a Russian provocation, but note that Ukraine did not invade Russia to stop it from trying to split off that part of Ukraine. Russia can dish it out but is on a hair trigger when it comes to other countries not behaving like it wants them to. This war was not provoked. It

          • Ideally, provocation is defined by an impartial observer, which I consider myself, and I judge them provoked. I don't consider their concerns legitimate for an invasion, but the fact is, they have the might, and they set the doctrines for their sphere of influence, and Ukraine pulled their dick out and flopped it over that line.

            Lacking an impartial observer, in the strictly logical sense, the aggressor absolutely defines the provocation, because they're the one acting.
            You can disagree with them all the w

            • You keep claiming it was provoked without giving any evidence. Instead you agree that what Russia claims as Ukrainian provocation was in fact a reaction to a Russian provocation. Here's the thing: If you punch me, me punching you is self defense, not a provocation, and does not give you reason or justification to escalate. Russia does not get to claim provocation, not now, not even if you include past events. The whataboutism will not work. We're going to have a new era of McCarthyism if people insist on fa

              • You're a liar.
                I have explained very clearly how they were provoked.

                Russia has made it clear that it considers mistreatment of its people, as defined by Russia, even if they're separatists, casus belli.
                That means to do so is to provoke them. This is a fact, unlike your misuse of the word above.

                You cannot hald-wave that away as a provocation.

                • That's clever, isn't it? "You must not defend your country against our soldiers who attack you under the guise of being separatists. If you do defend your country, we'll consider that a provocation and destroy your country." The Russians have it all figured out. We can learn a lot from you.

            • The US has neo-nazis, but if Canada invaded I have no doubt that this would be considered unprovoked. RUSSIA itself has neo-nazis, and Putin leaves them alone, because Putin's neo-nazis are busy riling up neo-nazis in the west, he likes them as tools. But we didn't invade Russia to get rid of that gang of misfits. Russia is chock full of fascists; Putin IS a fascist by any rational definition.

              Putin's self declared "sphere of influence" has zero basis in either law or reality.

              NATO promised no expansion, b

              • The US has neo-nazis, but if Canada invaded I have no doubt that this would be considered unprovoked. RUSSIA itself has neo-nazis, and Putin leaves them alone, because Putin's neo-nazis are busy riling up neo-nazis in the west, he likes them as tools. But we didn't invade Russia to get rid of that gang of misfits. Russia is chock full of fascists; Putin IS a fascist by any rational definition.

                Silly example.
                If Detroit had a majority Canadian population, declared it was now part of Ontario, and then we slapped US National Guard stickers on these guys [voanews.com], armed them (with military hardware), and then pointed them at Detroit and said 'go get em, boys', then it would be an analogous example.

                It's pretty clear I don't side with Russia. I side with Ukraine in this conflict.
                What I don't understand is why you're incapable of evaluating the situation without the kool-aid.

                • Because this started back in 2013, not 2022. Russia tells puppet leader to stop talking to the West, which he does; population disapproves, they kick out the leader after some protesters are shot. Next year, Russia invades and takes Crimea - given to Ukraine by Stalin, after Stalin deports much of the native population of Tatar (ie, it is not like Detroit in your example). Soon after insurgents in parts of eastern Ukraine rebel, and are backed again by Russian soldiers and given Russia support and suppli

                  • Because this started back in 2013, not 2022. Russia tells puppet leader to stop talking to the West, which he does; population disapproves, they kick out the leader after some protesters are shot. Next year, Russia invades and takes Crimea - given to Ukraine by Stalin, after Stalin deports much of the native population of Tatar (ie, it is not like Detroit in your example). Soon after insurgents in parts of eastern Ukraine rebel, and are backed again by Russian soldiers and given Russia support and supplies. Then an 8 year civil war, which Russia is actively engaging in. That is, Russia is already a part of the conflict, they did not just now decide to invade, they had already invaded twice before.

                    What the fuck is wrong with you?
                    None of this matters. Your historical take on the situation does not matter.

                    Maybe Putin thinks that the West helping out their friend is a provocation, but this is bd cause Putin is deluded and thinks incorrectly that the Ukraine is his property. It is not. Ukraine is Ukraine, not a breakaway Russian province. Ukraine wants western help because it has seen the atrocities that Russia did to Chechnya, Georgia, and Syria. But int he real world, otuside of Putin's mind, NATO did not do any provocation, the did not enter Ukraine territory, they did not offer Ukraine NATO membership, they did what Putin wanted and left Ukraine out. But Putin wanted a guarantee.

                    Of course he does! Just like how we think Russians "helping out" South American countries is a provocation.

                    This is a simple calculus. Nobody is on Putin's side. The world has made that excellently obvious. Nobody is justifying what's going on in Ukraine. But there is some serious fucking pro-Ukraine propaganda going around, and people are swallowing it the fuck up. It needs to stop.

                    Ukraine, unfor

        • I see your point of provocation, but the "he looked at me crooked" argument van only hold if it is accepted. You choose to accept it. I and lots of others as can be seen here, don't. It's all Jodi Foster in a skimpy dress all over again...

        • Russia has made it clear that it considers mistreatment of its people, as defined by Russia, even if they're separatists, casus belli.
          That means to do so is to provoke them. This is a fact, unlike your misuse of the word above.

          That is not what provocation means. The logic of the argument fails because of this misdefinition.

          Let me give you an analogy: If my neighbor is beating his kid, and I go kick his door down and punch him in the face, I may be justified -but I was not provoked.

    • Unprovoked and unjustified is a fact. Which is why the Russian have a variety of changing and different excuses for their "Special Military Operation"

      • Actually, the term "Special Military Operation" is codified in the UN charter, and their causes for doing so have remained consistent.
        They claim genocide and murder of civilians by neo-Nazi elements within the Ukrainian military.
        The little Tsar has added additional claims to it, like the Ukrainian government is responsible for this, and are thus war criminals, etc, which is laughable, but the overarching base claim, again minus the melodramatic claim of genocide, is factual.

        None of this justifies a horr

        • Again, you have your terms backwards.

          A claim of "genocide and murder of civilians by neo-Nazi elements within the Ukrainian military" is a justification for action -not a provocation.

          • Again, you have your terms backwards.

            I do not.

            A claim of "genocide and murder of civilians by neo-Nazi elements within the Ukrainian military" is a justification for action -not a provocation.

            Correct.

            but the overarching base claim, again minus the melodramatic claim of genocide, is factual.

            The part where Ukraine did engage in the act of arming neo-nazis, officially integrating them into their armed forces, and then pointed them at the Donbas, a Russian-majority region, did happen, is well documented, and is a provocation.

            We can argue that Ukraine has the right to do what it wants to its own citizens, sure. But that's all it is. An argument. Russia says, "you kill our people, we'll fuck you up". It's no different than several bright lines the US itself has, and if you cross

    • It's a statement of fact (Score:4, Insightful)

      by rsilvergun ( 571051 ) on Wednesday March 16, 2022 @09:12PM (#62364959)
      unless you want to argue that the invasion was provoked and justified. Good luck with that. Now take your bothsidesism crap back to 8 chan or wherever you got it from.
        • If having a stable democracy and a good life for your people without sucking all the money and opportunity away for said people and continually lying to them for profit is provocation to Russia, so be it. Under those pretenses I guess they are free to invade 75% of the countries out there. (Weak man stuff)

          • It is not provocation to suck all the money. It is provocation to suck american cock while being next to america.

            You obviously didn't click on the link, then why have you bothered to reply? Do you really, REALLY, think that is not fucking moronic?

            Do you know who loves democracy? The guys falling off the wheel of the airplane that left Afganistan. But I suppose that is not important, declaring you are going to fight Russia, buying American MIC hardware and distributing it to people wearing black sun [twitter.com] and pret [fair.org]

            • Oh christ, a YouTube video for proof. The best part of this is I am not American, have fun with your bullshit, go con someone else. There is plenty of fucked up shit the US has done but that has nothing to do with this BS ego stroke for an old man dreaming of times when he could just kill people for thinking something he does not approve of. Best of luck, your world view is dog shit and you deserve Putin in your life.

      • I think it's way more beneficial to be a bit suspicious & critical of one's own government in this age, than just being closed to any PoV opposite to the US Govt.

        I mean we see proof of govt malice and fuck ups every single day. That's the nature of even the best governance systems that we have.

        Agreeing with the govt narrative that the enemy is batshit crazy and does things for no discernible rational benefits almost always means we are being misguided.

        Once you leave that narrative and are open to thinki

      • "'rsilvergun diddles little boys' is a statement of fact unless you want to argue that you know how to keep your hands to yourself. Good luck with that."

        That's not how you establish facts.

        Putin has been complaining about provocations and justifying his actions. NATO and its member states have consistently ignored him. So, from our leaders' perspective, it's "unprovoked and unjustified", from his it's "provoked and justified". Both are value judgements, because neither will agree with the other how much pr

    • Fuck off, Ivan.

      Don't like it? Go away.

    • The people commenting on your comment are insanely ignorant and therefore easily brainwashed by US media.
      Ukraine didn't officially join NATO, to not officially piss Russia off, or break the agreement made in 1991 (I think?).
      But besides the official stuff, Ukraine has become a NATO member over the years.
      They received plenty of money, military equipment, and military training.
      Their surrounding NATO member countries also seemed to have geared up accordingly.
      Obviously the US has been trying to pressure Russia,

    • Are these opinions at this time, when 99.5% of the world's population holds that believe? The only people who still think Ukraine was being run by nazis and that Putin is saving Russia from a dangerously militarized neighbor are fools and conspiracy theorists.

      This is not editorial opinion, this is FACT.

      • Since you asked, yes, even if you could prove somehow that "99.5% of the world's population holds that believe" [sic], that is still an statement of opinion, or if you will of belief. Facts aren't established by majority opinion. Majority opinion notwithstanding.

        As to that, I don't think it's close to 99.5% even in the West's "sphere of influence"; outside it'll be considerably less, and that's an area (both of land and of mindshare) quite a lot larger than merely encompassing Russia.

        Skipping China for my

  • You now have the choice of moving moving to El Salvador, or a country that's presently being bombed back into the stone age by a psychotic Putin.

    Cryptocurrency, it's everywhere you don't want to be!

  • information on how to donate to Russia.

  • I am rather pleased that the government of Ukraine could even consider the topic of crypto-currency, while their major cities are under siege, and being blown to bits by the Russians. I would class that as a major middle finger gesture, and quite right too.

  • How long do you suppose it'll take Fancy Bear, Cosy Bear or whoever else is working for the Kremlin to seize those digital assets? Ukraine should be cashing those assets into euros or dollars as fast as they can.

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