Posts tagged ‘cryptocurrency’

Ukraine: Bitcoin’s are financial assets

bitcoin ukraineRecent disclosures by members of Ukraine’s legislature revealed that three lawmakers have a combined wealth in bitcoin of almost $50 million. According to a report from RIA Novosti, Russia’s international news service, the three lawmakers are all members of the “Petro Poroshenko Block,” which constitutes the largest group of legislators within the Parliament.

Of the three named by the report, Dmitry Golubov possesses the most bitcoin: 8,752 BTC, an amount worth roughly $37 million at current prices. Alexander Urbansky possesses 2,494 BTC while Dmitry Belotserkovets owns 398 BTC, worth approximately $10 million and $1.6 million, respectively.Two bills to provide legal frameworks for cryptocurrencies including Bitcoin have now been submitted to the Ukrainian parliament. The latest one proposes recognizing them as financial assets. It also defines cryptocurrency derivatives, market of cryptocurrencies and their derivatives in Ukraine,” Bill No. 7183-1 was submitted last week.

And, other report confirmed that 150 Bitcoin machines will be installed in Ukraine later this year.