Blockchain and cryptocurrency

25/ 04/ 2023

Dear friends! 🤗 We talked about cryptocurrencies and their use in business during an online meeting with Peter Bilyk and Daniil Voloshchuk, crypto analysts from Juscutum. Cryptocurrencies are a new form of virtual money based on blockchain technology. Their advantages are fast and secure transactions, while their risks include vulnerability to cyber attacks and price instability. The experts discussed the legal status of cryptocurrencies and blockchain technologies in different countries around the world, as well as the new MiCA directive regulations. In most countries, cryptocurrencies are legislatively classified as electronic money, securities, or utility tokens. In Ukraine, there is a law called On Virtual Assets that has not yet come into force and is still being revised. Until the law comes into effect, we are guided by the provisions of the On Prevention of Legalization of Proceeds from Crime law, according to which cryptocurrency is a form of expressing value as an intangible asset. Everyone can imagine themselves as the owner of cryptocurrency and experience what this technology is like in a series of games that our experts have prepared for the association members. We are confident that this will be an interesting and informative game that will give you new knowledge and impressions. 🚩 So dont forget to follow our updates and participate in our events! 🔶

Dear friends! 🤗

We talked about cryptocurrencies and their use in business during an online meeting with Peter Bilyk and Daniil Voloshchuk, crypto analysts from Juscutum.

Cryptocurrencies are a new form of virtual money based on blockchain technology. Their advantages are fast and secure transactions, while their risks include vulnerability to cyber attacks and price instability.

The experts discussed the legal status of cryptocurrencies and blockchain technologies in different countries around the world, as well as the new MiCA directive regulations. In most countries, cryptocurrencies are legislatively classified as electronic money, securities, or utility tokens.

In Ukraine, there is a law called “On Virtual Assets” that has not yet come into force and is still being revised. Until the law comes into effect, we are guided by the provisions of the “On Prevention of Legalization of Proceeds from Crime” law, according to which cryptocurrency is a form of expressing value as an intangible asset.

Everyone can imagine themselves as the owner of cryptocurrency and experience what this technology is like in a series of games that our experts have prepared for the association members. We are confident that this will be an interesting and informative game that will give you new knowledge and impressions.

🚩 So don’t forget to follow our updates and participate in our events! 🔶