Blockchain4Ukraine — a group of pro-crypto Ukrainian lawmakers — and the public union Virtual Assets of Ukraine (VAU) revealed a joint roadmap for promoting and developing Web3 in the country. The document was signed by its co-authors on Nov. 14, reports Forklog.com The roadmap proposes a set of measures for promoting Web3, such as the launch of …
Ukraine’s law “On Virtual Assets” — the main piece of legislation that concerns the country’s crypto space, adopted in early 2022 — will be amended in accordance with the provisions of the European Union’s Markets in Crypto Assets (MiCA) legislative package. Since the East European nation was granted the status of a candidate for EU …
Ukraine to revise virtual assets law in line with EU crypto rules Read More
Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country. The law allows foreign and Ukrainian cryptocurrencies exchanges to operate legally, according to the country’s Ministry of Digital Transformation. Ukraine’s President Volodymyr Zelenskyy has signed the law as Russia’s war on Ukraine continues underscoring the important role that …
Ukraine legalizes crypto sector as digital currency donations continue to pour in Read More
Update Oct. 5, 2021: President Volodymyr Zelensky vetoed the bill and sent it back to parliament for changes. A draft law legalizing and regulating cryptocurrency and other virtual assets like tokens in Ukraine has passed the parliament in the second reading on Sept. 8. A total of 276 Ukrainian lawmakers voted for the bill. Cryptocurrencies have been …
Ukrainian Parliament passes law to legalize cryptocurrency Read More
The current inflow of IT professionals from Belarus could bring some $120 million of foreign currency to Ukraine each year, based on the estimate that 1,200 such people have moved to Ukraine since the beginning of the unrest in belarus in August. According to Ilya Neskhodovsky, who heads the Institute for Socio-Economic Transformation, each IT …
On October 4 President Volodymyr Zelensky signed a decree to facilitate the relocation of Belarusian IT professionals to Ukraine, following the example of several countries of the region. These measures target Belarusian IT programmers and entrepreneurs as well as their families. Starting from now, the maximum duration of their stay in Ukraine without a visa …
Ukraine simplifies procedures to attract Belarusian IT specialists Read More
Ukraine has the potential to become a European eSports hub after its government recognized the video game competitions as an official sport and their players as athletes. Until recently, this gigantic industry remained in the shadows in Ukraine. Now, however, local eSports businesses can play fair, receiving the legal option of going professional. For example, Ukrainian companies …
With better legislation, Ukraine can make a fortune in eSports Read More
Operations conducted by crypto companies and other entities dealing with digital assets will be examined and verified by Ukraine’s financial regulators, Minister Oksana Markarova announced during a recent press conference. All crypto-related transactions worth 30,000 hryvnias or more, the equivalent of approximately $1,200, will be subjected to government oversight, she emphasized while briefing Ukrainian media …
Ukraine to oversee crypto transactions above $1,200, sees no risk in legalization Read More
Almost 28 years after Ukraine’s declaration of independence, and five years after a quasi-state of war with Russia, a new law imposes the use of the Ukrainian language in all B2C communications in the country. Signed by outgoing president Petro Poroshenko on May 15, the law will come into effect progressively within three years after its official publication …
On 12 April 2019, the Ukrainian capital will play host to an English-language conference on IT law, organized by the Ukrainian Bar Association and the International Bar Association. The conference will cover, in particular, the following topics: Privacy vs. technologies Legal challenges of new technologies Cybersecurity Compliance Online business Financial technologies The working language of …
As reported by Bitcoin.com, the government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the …
Ukraine plans to fully legalize cryptocurrencies within three years Read More
The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and functions of governmental bodies in regulating …
Ukraine’s Financial Stability Council supports regulatory concept for cryptocurrencies Read More
