These past week was quite positive for cryptocurrencies, as most saw increase in their prices. As usually altcoins saw the larger growth.
Markets reacted positively to the United States of America’s infrastructure spending bill that congress is about to adopt after senators removed fiscal fees for PoW miners. An amendment was also proposed to exclude PoS validators from the list of those who have to pay tax.
The Ministry of Digital Transformation of Ukraine , announced the upcoming legislation of payment in cryptocurrencies. The adoption of the law “ On Virtual Assets” will allow cryptocurrency holders to protect their funds in digital assets, legally exchange and declare them for tax purposes. Since Ukrainian citizens are among the most active crypto users worldwide, this news brings optimism to the entire cryptocurrency community.