Ukrainecountry legislation European standardsin order to fabricate crypto assetincluding the management Virtual Assets Lawwill revise.
The prepared revision shows that virtual asset legislation will undergo a major change. The most striking part of this legislative change will be the part about cryptocurrencies. The developments of the country’s administration in the field of crypto attract attention. According to a report by Chainalysis, Ukraine ranks third among the countries adopting cryptocurrencies.
Ukraine to Revise Virtual Asset Law
The upcoming revision will also affect the use of cryptocurrencies. virtual assets Includes work on The new law model of the European Union, planned to comply with the Crypto Asset Markets law.
In order to ensure permanent membership of Ukraine, which is a candidate country in the European Union, their legislation It needs to adapt to European standards. The new version of the Virtual Assets Act, appropriate use of cryptocurrencies and provider exchanges.will bring with it the need for assurance.
National Securities and Exchange Commission, National Bank of Ukraineand the leading names of the industry are working on new revision articles. Ukraine Ministry of DigitalHe explained as follows;
“The overhaul can revolutionize virtual assets. Initial proposals for the Virtual Assets Act will also be considered.”
