CryptoLegalization

In August, the Verkhovna Rada will consider a bill on the legalization of the cryptocurrency market. It will bring digital assets out of the shadows and provide legal protection for cryptocurrency owners and exchanges. Owners will be able to declare their assets and pay a one-time tax of 10% (5% income tax + 5% military levy), after which the cryptocurrency will become official.

The market regulator is still being chosen: the National Bank, the National Securities and Stock Market Commission, or the Ministry of Digital Transformation. International partners are involved in the preparation of the bill.

The legalization of cryptocurrency is part of Ukraine's commitments on the way to the EU. It will ensure the transparency of funds and help explain the origin of assets. Those who do not legalize their cryptocurrency will remain in the shadows, but over time all transactions will become known through identification mechanisms.

This is an important step towards a safe and regulated cryptocurrency market in Ukraine. It is expected that the bill will be revised by October.
$BTC

#TradeStories #BinanceSquare #CryptoNews #Ukraine #CryptoLegalization

#Ukraine is set to legalize cryptocurrencies by Q1 2025, according to the head of the Finance. A draft law developed with the National Bank and IMF is expected after the New Year.
Cryptos will be taxed like securities, with profits taxed upon conversion to currency.
#ukrainecrypto #CryptoLegalization

*🇵🇰 Pakistan Moves Closer to Crypto Legalization! 🚀*

Exciting news! The *State Bank of Pakistan (SBP)* is actively exploring the *legalization of cryptocurrencies* and planning to introduce a *Central Bank Digital Currency (CBDC)*! 💥

---

*🔥 Key Highlights:*

🔹 *Legal Status*: Cryptocurrencies might soon gain *official recognition* in Pakistan.
🔹 *Digital Rupee*: The SBP is working on launching its own *CBDC*—a *digital version* of the Pakistani Rupee.
🔹 *Regulations*: Strict penalties could be imposed on *unauthorized crypto issuers*, ensuring a safer environment for investors. 🚨

---

*💡 What This Means:*
If this goes through, it could *revolutionize Pakistan’s financial system* and *accelerate crypto adoption* nationwide. 📈

---

*📢 What do you think?*
Will Pakistan embrace crypto as the *future of finance*? Drop your thoughts below! 👇

$SOL
$PAXG

#PakistanCrypto #CryptoLegalization #CBDC #DigitalRupee #FutureOfFinance

Waqar Zaka vs Bilal Bin Saqib – The Double Standards in Crypto Support

Waqar Zaka was one of the earliest voices in Pakistan advocating for cryptocurrency legalization. He fought relentlessly, using his platform to educate people about blockchain technology, urging the government to accept crypto as a legitimate financial tool. Despite his efforts, he faced resistance, lack of support, and even criticism from institutions and the general public. Many dismissed his campaign, labeling it impractical or controversial.

Fast forward to today, and now Bilal Bin Saqib is gaining widespread support for the same cause, simply because he is UK-based. The same people who ignored Waqar Zaka are now backing Bilal, showing how public perception shifts based on timing, international influence, and background. While Waqar's efforts weren’t entirely in vain—since they laid the foundation for crypto discussions in Pakistan—he never received the recognition he expected.

This situation reflects how society often dismisses pioneers only to later embrace a similar idea when it comes from a more socially accepted or internationally recognized figure.

#WaqarZaka #BilalBinSaqib #CryptoLegalization #CryptoSupport #PakistaniCrypto
#BlockchainAdvocacy #DoubleStandards #CryptoFight #UKBasedInfluence #cryptoInPakistan

🚨 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗠𝗮𝘆 𝗟𝗲𝗴𝗮𝗹𝗶𝘇𝗲 𝗖𝗿𝘆𝗽𝘁𝗼! 🇵🇰 🚨

Big news for Pakistani crypto traders! 🚀 PM Shehbaz Sharif has confirmed that the government is reviewing the pros & cons of legalizing crypto in the country. A potential game-changer for the industry! 🔥

If this happens, Pakistan could become a major hub for digital assets—are you ready for the future? 🌍💰

🔔 Stay updated on FREE crypto, airdrops & more!
📢 Like, Share & Follow for real-time updates! 🚀💎

#PakistanCrypto #LitecoinETF #CryptoLegalization #Bitcoin #Web3

Great news for the crypto community in Pakistan! The government has officially established the Pakistan Crypto Council (PCC) to regulate and integrate blockchain technology and digital assets into the country's financial system.

This move signifies a major shift from previous stances, as Pakistan embraces the potential of cryptocurrencies and blockchain technology. The PCC, led by Finance Minister Aurangzeb, includes key financial and legal bodies, aiming to develop clear regulatory guidelines and promote responsible innovation in the crypto space.

With the PCC's formation, cryptocurrency businesses now have legal status, allowing individuals to legally acquire and trade cryptocurrencies in Pakistan. This development opens new avenues for investment and technological advancement in the country.

#PakistanCrypto #BlockchainRevolution #CryptoLegalization