Ukraine was a hot topic in the majority of media outlets not too long ago when they got invaded by the neighboring Russia who decided to liberate, or so they called it, a part of the country which had belonged to them since their independence. A few months and many casualties later, Russians got what they wanted and forced Ukraine into pretty much a submission but despite giving up a part of their territory at least they did not stop exploring the potential of blockchain technology. Let's take a closer look at the regulations, exchanges and online gambling possibilities in Ukraine.
Bitcoin Regulations in Ukraine
Ukraine has not passed a unique regulation on bitcoin as yet and it is not completely certain that they will but this is a topic of active discussion due to nations big curiosity in this new technology. However, bitcoin is not illegal if you were wondering about that, for now, the government has stated that they will approach bitcoin related matters according to already existing regulations for transacting of internet funds. We might see unique bitcoin regulations in an upcoming couple of years but for now, it does not seem to be happening soon.
Ukraine's Bitcoin Exchanges
One of the easiest ways to buy some bitcoin in Ukraine is through one of the 5,000 physical teller locations that allow you to buy vouchers that can be redeemed for BTC at BTCU website. Ukraine's population is so intrigued by the blockchain assets that a blockchain start-up company is going to be installing 150 bitcoin ATM machines throughout the country by the end of 2017, with the first 30 being installed in Kiev by the end of this summer. You can also go to a Peer-to-Peer exchange such as LocalBitcoins or use a trusted digital currency exchange platform such as CEX.io when trying to acquire a few bitcoin from Ukraine.
Online Gambling in Ukraine
Unfortunately, any sort of gambling was prohibited in the bill that was passed in 2009 but the country has since created so called gambling zones where you can still enjoy some games of chance. Besides that, poker was listed as a sport and is waivable from this ban. Seems obvious that playing poker online for bitcoin is the right choice for you when being a Ukrainian citizen and the anonymity will add an extra layer of security. Take a look at one of our many bitcoin casino reviews to find the perfect house for you!