Ukraine has just announced the most forward-thinking crypto-mining regulatory policy in the world.
Ukraine is Positioning Itself to be a Global Leader for Crypto
Ukraine’s Manifesto of the Virtual Assets Ministry, Ministry and Committee of Digital Transformation of Ukraine, has just released the sanest and sound crypto-regulatory policy for Public Blockchains and Proof of Work (PoW) mining on earth.
The regulatory ministries have concluded that Bitcoin’s protocol and enforced consensus rules are enough to regulate the onchain activities, as the network’s rules are enforced by the protocol itself, node operators and social consensus of users themselves. It does not need government oversight or intervention.
Ukranian officials understand that blockchain technology is self-regulating due to its use of open-source protocols, and…
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