4 Regulatory Moves you should know: in Eastern Europe

[CryptoGirl]

•Russia saw a launch of a first crypto investment bank aimed to hold ICO, while the government is expected to pass its major crypto and blockchain related regulatory bill this week.

•Poland’s cryptocurrency group blamed fifteen financial institutions for hindering the industry by deliberately deny service to crypto platforms and selectively closing their bank account.

•Ukraine is preparing draft legislation to legalize cryptocurrencies. A member of Ukrainian parliament published a link of a copy of the draft legislation document on Facebook urging crypto enthusiasts to comment.

•Belarus signed a “super liberal” bill supporting blockchain and cryptocurrency. Mining and exchange operations are not treated as business activities.

[btyco]

The eastern bloc is going to be a powerhouse in crypto. Russia and the Ukraine will lead the charge, and possible a reversal in international economic wealth

[serggg]

It seems that China will be the leader. They wrote that they would soon release their currency, which could well become a crypto-dollar.