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 NewsRSSUkrainian parliament passes bill to legalize cryptocurrency market
8 of Septeber 2021 г.
The Verkhovna Rada, Ukraine's parliament, has adopted Bill No. 3637 "On Virtual Assets," which establishes in Ukraine a mechanism for the legal regulation of virtual assets.
According to Ukrinform, 276 MPs voted for the document at its second reading and in its entirety on Wednesday, September 8. "The law regulates legal relations arising in connection with the turnover of virtual assets in Ukraine, defines the rights and obligations of participants in the virtual assets market, the principles of state policy in the field of virtual assets turnover," the explanatory note to the bill reads. It states that the adopted document will allow Ukrainian blockchain companies to legalize their own business processes and officially work with the banking system. In addition, this opportunity will be granted to citizens who receive income from transactions with virtual assets. The bill also forms the legal framework for working in the virtual assets market, determines the legal status, classification, property rights and other key legal definitions. In particular, it determines the list of professional service providers in the virtual assets market and their registration. Отправить в:      другие новости
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