Ukraine’s parliament, the Verkhovna Rada, has adopted a virtual asset bill legalizing and regulating cryptocurrency.
According to a local report, Ukraine has passed a law that makes cryptocurrency and other digital assets legal in the country. Bill No. 3637 On Virtual Assets, gives Ukraine the ability to now legally regulate digital currency. According to the bill draft, “This Law regulates legal relations arising in connection with the turnover of virtual assets in Ukraine, defines the rights and obligations of participants in the virtual assets market, the principles of state policy in the field of virtual assets.”