Ukraine studies cryptocurrency regulation
The nation evaluates aspects such as the regulatory framework, licensing, information disclosure and negotiations
Ukraine, located in Eastern Europe, has taken an important step towards the possible acceptance of cryptocurrencies as financial instruments in their economic system.
The recent discussion of the concept for the regulation of digital assets by the country’s Financial Stability Board yielded positive conclusions and established a flexible scenario.
The financial authorities highlight the role of government agencies in this discussion, involving the Governor of the National Bank of Ukraine, the Minister of Finance, the heads of the National Securities Market Commission as well as the National Commission for State Regulation of the Financial Services Markets.
They still focus on the analysis of fundamental aspects such as the granting of licenses to the interested parties, the regulations of cryptocurrencies and the disclosure of information, among others.
On mining, the State Service of Special Communication of Ukraine indicated last June that it will not regulate this activity.
M.Pino
Source: Cointelegraph
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