This kind of news is good, but I think you are wrong to equate El Salvador with Ukraine. In El Salvador Bitcoin is an official currency. On the other hand in Ukraine what happened until now is that there was no regulation on cryptocurrencies and the law that has been passed regulates them as a financial asset but not as a currency with which you can pay taxes:

"Although virtual assets are now legitimate in Ukraine, Ukrainians cannot use them as a means of payment or exchange for goods or services — only the official national currency, the hryvnia, has this power. However, Ukrainians can own, exchange and trade cryptocurrencies using local or foreign exchange platforms registered in Ukraine."

at least there is a clear development in the ukraine state after the regulation is passed. thus the use of bitcoin is not an illegal activity, so that the people there can carry out activities according to predetermined limits. on the other hand, this hopefully will be an example for other countries to make clearer regulations so that bitcoin will be increasingly adopted mass

Another country allowing Bitcoin! That's a great milestone for everyone. Imagine applying it since 2020 and now it was approved and I think this is just the first step towards global adaptation and acceptance of Bitcoin as a currency. I think having Bitcoin is the best way to take advantage of your future.

It was considered in the gray area for a long time and it seems this legalization is better, right?

Found this article: https://www.cnbc.com/2021/09/08/ukraine-legalizes-bitcoin-and-cryptocurrencies.html

"The new legislation also spells out certain protections against fraud for those who own bitcoin and other cryptocurrencies" is the part of the law I haven't yet understood. As far as I know, in order to actually "own" bitcoin, a person should have direct access to the keys unlocking corresponding UTXOs. If a person somehow loses that access due to phishing or physical attack, or, for example, accidentally transfers coins to an address he has no control over, how is the government going to protect the said person? Addresses are pseudonymous, transactions in bitcoin are irreversible: if a person failed at self-custody of his coins, those are gone for good, and no one can return it back. Finally, I don't think that governments are capable of protecting against cryptocurrency frauds because, in most cases, victims being greedy or seeking get-rich-quick schemes will hand over their coins absolutely voluntarily.

I read the news about Ukraine yesterday, and I think it's a good step forward, but this law is only one step towards the creation of the national regulatory framework that will cover cryptocurrencies. There's a roadmap for the next few years of developments, and this is only the beginning. Allegedly, Bitcoin will become a form of payment, but this is planned to happen in a few years. For now, cryptos are virtual assets, Also, even though the law was passed, the President still has to sign it, and its points will be enacted only when the related taxation legislation will be enacted. And the law itself wasn't officially published yet in its final version, so it's hard to get info about the details.

I did not know why OP got it wrong from El Salvador to Ukraine. They are different countries and the legal tender in El Salvador was announced months ago, not 3 days ago when it officially went into effect in that nation.

Follow the Nayib Bukele Twitter for real time update on what's going on with Bitcoin legal tender and community support in that country.

El Salvador is the first ever nation makes Bitcoin legal tender. They are the first ever nation that bought Bitcoin dip.

So, the right title should be

That bill is damn long and translate isn't really helping but one point among many others intrigued me:
https://pastebin.pl/view/d934f284 (raw google translation here)


So, the CB will have a final say on every pair an exchange that operates in Ukraine can have listed?
Eh, at least they didn't empower the CB to set exchange rates also. 

Anyhow, no point comparing this to Salvador, the current status even with this bill is actually far worse on paper than in many other state.

The main purpose behind this bill is to provide asset clarification and protection for Bitcoin holders, as Bitcoin was previously considered illegal in this country. Now, when this bill is passed Governments and courts can reasonably protect individuals and businesses.

The law on virtual assets adopted in Ukraine is quite good. However, it is framework, that is, it establishes only general terms and involves the additional introduction of bylaws for a more detailed regulation of the cryptocurrency. This is not very good, because at the local level, officials can degrade its quality with their clarifications.
In Ukraine, they are also going to adopt bill No. 2461, which is designed to establish clear rules of taxation and provides for a profit tax of 18 percent for enterprises and organizations and 5 percent for individuals, an object subject to taxation is calculated as the difference between the amount of sold cryptocurrency and the cost of mining or buying it.
In general, for citizens, 5 percent of the tax is quite acceptable. It would be better to pay 5 percent and sleep well.

As many said now, people can earn bitcoin or receive legally just because of the taxes law. What I can say is that in Cernautzi I tried with a portuguesse guy to do some mining in 2016 and it was illegal, we had problems until we understood the law and we give up. I've been told that not many changed.