Ukraine legalizes cryptocurrency

Today, on September 8, the Ukrainian parliament approves the bill to legalize cryptocurrency the Verkhovna Rada confirmed that the Draft Bill on Virtual Assets has become law.

Mykhailo Fedorov, Ukrainian Minister of Digital Transformation, shared the excitement via his Telegram channel, stating that:

“We are creating a top jurisdiction where crypto companies will have transparent terms of relations with the state, convenient work with the regulator, and favorable taxation.”

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