The Verkhovna Rada, the Ukrainian parliament, has approved the draft law “On Virtual Assets” with some significant changes in the country’s legislation on cryptocurrency.
Ukrainian parliament on February 17 approved the crypto law at the plenary meeting. participating in voting 272 of 365 deputies supported the law.
Privately endorsed some of the proposals of the President of Ukraine Volodymyr Zelensky. deputiesalso abolished the Ministry of Digital Transformation, the authority on the country’s crypto regulations.
In the updated version of the bill, the National Securities and Exchange Commission of Ukraine as the regulatory body (NSSMC) and the National Bank of Ukraine (NBU) exists. NBU, cryptocurrencies control their value and income NSSMC, when appointed for the purpose of cryptocurrency exchanges and other digital assets appointed to regulate the types.
Alex Bornyakov, deputy minister of the Presidency of Digital Transformation of Ukraine, which was established in 2019, said in a statement that the crypto law in the country your last changes He said he welcomed it.
According to Konstantin Yarmolenko, Head of Blockchain4Ukraine, President Zelensky will in 10 days will enact the law.