The Ukraine parliament passed a law that legalizes Bitcoin and other cryptocurrencies in the country to protect the country's assets from possible abuse and fraud.

Vice Prime Minister of Ukraine, Mykhailo Fedorov, confirmed the news in a tweet said "Ukraine is already in top-5 countries on cryptocurrency usage. Today we made one more step forward": "Parliament adopted law on virtual assets! This will legalize crypto exchangers and cryptocurrencies, and Ukrainians could protect their assets from possible abuse or fraud."

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