In another big news today, amid ongoing war situation Ukraine today legalized crypto. Ukrainian Vice Prime Minister, Mykhailo Fedorov today officially announced that Ukraine parliament has adopted law on virtual assets. The new law will protect assets of crypto investors from possible fraud or abuse.
Ukraine is already in top-5 countries on cryptocurrency usage. Today we made one more step forward: Parliament adopted law on virtual assets! This will legalize crypto exchangers and cryptocurrencies, and Ukrainians could protect their assets from possible abuse or fraud.
— Mykhailo Fedorov (@FedorovMykhailo) February 17, 2022
Ukraine Adopts Law To Legalize Crypto
Earlier, today Ukrainian parliament considering Ukraine’s large scale crypto adoption finally passed the law to regulate cryptocurrency. Earlier in September, 2021 Ukraine parliament passed a bill to regulate crypto with required laws and tax codes still pending.