Crypto regulation in Ukraine

Uğur Bayram

Sep 8, 2021

Ukraine's new crypto money regulation has been approved by the Parliament and has become legal with this regulation, crypto money is recognized as a financial asset.

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Ukraine's new crypto money regulation has been approved by the Parliament and has become legal with this regulation, crypto money is recognized as a financial asset.
Ukraine, which is one of the countries that regulate the crypto money market, took this decision almost unanimously.
This new law will enter into force with the signature of President Volosymyr Zelensky.
Thanks to this regulation, investors will be protected against fraud.
As it is known, there are no restrictions on crypto money transactions in Ukraine, but companies were going through strict controls in crypto transactions.
Ukraine's Minister of Digital Transformation Mykhailo Federov said that they are modernizing the central bank's payment systems.

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