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Ukraine collabs with international consultants to update crypto framework By Cointelegraph




Working on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international experts. The list includes the international consultancy firm Ernst&Young and the USAID Financial Sector Reform project.

On Dec. 1, the Advisory Council on the Regulation of Virtual Assets, organized by the National Securities and Stock Market Commission, held its first meeting. The regulatory experts discussed the amendments to the law “On virtual assets,” which should adjust the National Tax Code to crypto regulation. The event was attended by representatives of the President’s Office, the National Bank of Ukraine, expert organizations and the market community.