- Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards.
- The National Securities and Stock Market Commission (NSSMC), the National Bank of Ukraine (NBU), and representatives of the industry are also working on the amendments.
- The NSSMC emphasized the update is necessary in order to develop rules for the taxation of cryptocurrencies which will be introduced with a separate bill.
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
