A very questionable issue is the regulation of crypto-currencies, some government agencies make rigid statements saying they will charge more taxes (for example), or make it more difficult to operate the exchanges by imposing more rules, this causes market fear, causing investors to sell their currencies, and prices fall.
One of the most important points in the analysis of the crypto-coins market is regulation, that is, the view that governments have on the subject is no good, they do not understand.
The Ukrainian financial stability council endorsed a concept for criptomoeda regulations. The concept involves the recognition of crypto coins and tokens as financial instruments, establishes the roles and functions of government agencies in regulating such instruments, as well as licensing transaction participants, defining disclosure conditions and other factors.
The measure is "an important first step in building a consensus between government agencies and financial regulators," emphasizing the need for legal recognition of crypto-coins and adapting the position of financial regulators.
Therefore, the service is not planning to regulate mining with crypto-coins.
What do you think of this intention of Ukraine? Would that be good or bad?