$45 Million: Ukrainian Lawmakers Reveal Big Bitcoin Holdings

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Recentdisclosures by members of Ukraine’s nationwide legislature exposed that 3 lawmakers have a combined wealth in bitcoin worth more than $45million.

Accordingto a report from RIA Novosti, Russia’s global news service, the 3 lawmakers are all members of the “Petro Poroshenko Block”, which makes up the biggest grouping of lawmakers within the Parliament.

Ofthe 3 called by the report, Dmitry Golubov has the most bitcoin: 8,752BTC, a quantity worth approximately $36million atcurrent prices Alexander Urbansky has 2,494BTC while Dmitry Belotserkovets owns 398 BTC, worth around $10million and $1.6 million, respectively.

Thedisclosures come as Ukraine inches towards controling the cryptocurrency.

Asreportedformerly, the NationalBank of Ukraine– the nation’s reserve bank– exposed recently that the legal ramifications of cryptocurrencies will be talked about at the next conference of the Financial Stability Board ofUkraine That hearing, arranged for completion of August, will unite the country’s monetary authorities.

It’s uncertain at this time precisely what steps the federal government will eventually take. Local sources reported recently that a big cache of bitcoin mining devices were seized after authorities found at a state-owned center.

Andwhile authorities identify how they mean to manage bitcoin, some firms have actually transferred to start checking how blockchain may be used more broadly to their workplaces. For example, work has actually started on a new land registry powered by blockchain, with an official trial beginning in October.

ImageCredit: Sharomka / Shutterstock.com

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