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.
The event was attended by representatives of the President's Office, the National Bank of Ukraine, expert organizations and the market community.
Ruslan Magomedov, the National Tax Agency of Ukraine chair, revealed that the regulators are working closely with Ernst&Young and the USAID to implement the European Markets in Crypto-Assets (MiCA) regulation in the Ukrainian virtual assets market.
The bill establishes the National Securities and Stock Market Commission of Ukraine and the National Bank of Ukraine as two major regulators of the crypto market.
The roadmap proposes the launch of a regulatory sandbox for blockchain and Web3 projects.
Source: Cointelegraph