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Ukraine is preparing a new bill on cryptocurrencies

Ukraine is preparing a new bill on cryptocurrencies

Within six months, new versions of the law “On Virtual Assets” and the bill on taxation of cryptocurrency transactions should appear in Ukraine. People’s Deputy of the Verkhovna Rada of Ukraine, Chairman of the Blockchain4Ukraine MFO Alexey Zhmerenetsky spoke about this during the Binance Super Meetup in Lviv.

“Ukraine is not yet a member of the EU, and the regulation provided for in MiCA is more complex. In the current conditions, when Ukraine does not have a large crypto market and capital on it, the implementation of strict requirements will make our country less competitive,” Zhmerenetsky said.

The working group plans to prepare a version of legislative regulation that will be a compromise between the proposals of the National Securities and Stock Market Commission and the Ministry of Digital Development and the wishes of the FATF and the European Commission.

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