Increasing in popularity after the bull he experienced in 2021 cryptocurrenciesgained a different perspective after the Russian invasion of Ukraine in February 2022.
Seeing the ease of use of crypto Ukrainian President Volodymyr Zelensky to support his country against the Russian invasion crypto- passed a bill legalizing assets in March 2022.
Noting that the law in question would allow Ukraine to launch a legal market for cryptoassets, officials said that national cryptocurrency announced that they will continue to work on the framework.
National crypto- Ukrainian regulators working on its frameworks announced that they are actively collaborating with international experts on cryptoassets law.
Within these studies, National Securities and Exchange Commission of Ukraine The Advisory Council for the Regulation of Virtual Assets, established by the company, held its first meeting.
Representatives of the Presidential Office, the National Bank of Ukraine, specialized organizations and the market community also attended the Council.
Apart from these, it was stated that the international consultancy firm Ernst & Young and the USAID Financial Sector Reform project were among the attendees of the meeting.
National Tax Law cryptocurrency In the meeting, where the changes that need to be made to be adjusted according to the regulations, the Ukrainian virtual asset market was discussed. European Crypto Asset Markets (MiCA) What needs to be done to implement the regulation was also discussed.
Rostyslav Shurma, Deputy Head of the Office of the President of Ukraine, said in a statement:
“Today we need to concentrate on joint work on the promotion and development of the virtual asset market in Ukraine.
There is already the National Securities and Exchange Commission, which is actively working with international partners and expert institutions, but maximum participation of all parties is important in this process in order to achieve an effective and positive result.
The Commission is also actively working with international organizations on the implementation of the European MiCA regulation in the Ukrainian virtual asset market.
Actually, the goal here is simple. To make crypto circulation legal and secure in Ukraine.
These efforts are an important step for our country, both economically and internationally.”
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