Categories: News

Ukraine: Volodymyr Zelensky signs a law "on virtual assets"

President Volodymyr Zelensky today signed the “virtual assets” law adopted by the Ukrainian parliament on February 17.

This law notably determines the legal status of digital assets and designates the market regulators: the National Bank of Ukraine and the National Securities and Stock Market Commission. It also establishes the registration requirements for providers of digital assets.

“For almost two years, our Ministry of Digital Transformation has been working on developing a legal framework for companies in the crypto sector. Today, crypto plays a vital role in Ukraine’s defense process by helping to raise awareness and engage people around the world […]. The signing of this law by the President is an important step to bring the crypto sector out of the shadows and launch a legal market for virtual assets in Ukraine. – Alex Bornyakov , Deputy Minister of Digital Transformation of Ukraine.

Sources: thedigital.gov.uatwitter.com/abornyakov

crypto

Leave a Comment

Recent Posts

Mt. Gox Bitcoin Movements: Market Impact and Ex-Client Risks

The defunct cryptocurrency exchange Mt. Gox is making waves again, this time with huge Bitcoin…

4 months ago

Taproot Assets: Revolutionizing Bitcoin’s Lightning Network

Lightning Labs, a leading developer in Bitcoin's Lightning Network ecosystem, has launched a groundbreaking protocol…

4 months ago

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 

According to onchain data, a significant whale holding over 92,500 ether moved the funds to…

4 months ago

Discover the Skinny Bob MemeCoin: NFTs, Multi-Chain, and Cosmic Humor

🛸Inspired by the internet's favorite extraterrestrial, Skinny Bob MemeCoin is revolutionizing the cryptosphere across multiple…

4 months ago

Uncovering the Risks of NFTs for Creators and Buyers

NFTs, or non-fungible tokens, are transforming various industries, including art, music, sports, and real estate.…

4 months ago

Proton Technologies AG Unveils Open Source Bitcoin Wallet

Proton Technologies AG, the Swiss company renowned for its encrypted email and VPN services, has…

4 months ago