On 28 October, the Verkhovna Rada committee on digital transformation backed the bill ‘On Virtual Assets’ in a parliamentary vote.<\/p>\n
Following the committee’s review, it recommended that deputies adopt the amended bill as the basis and consider it at the next session of the Verkhovna Rada.<\/p>\n
Update:<\/strong> One of the bill’s authors, deputy Aleksei Zhmerenetsky, told ForkLog in a comment that this version of the bill takes into account key comments and proposals from central authorities.<\/p>\n “The status of a virtual asset has been defined as an intangible asset. A term ‘financial virtual asset’ has also been introduced, which falls within the regulatory remit of the National Bank and the Securities Commission,” he said.<\/p>\n<\/blockquote>\n The Verkhovna Rada is expected to consider the bill in the first reading at the beginning of November.<\/p>\n “For the second reading, the document will incorporate all possible proposals from central authorities that do not contradict the concept and aim of the bill,” Aleksei Zhmerenetsky added.<\/p>\n<\/blockquote>\n The bill ‘On Virtual Assets’ regulates cryptocurrency activity in Ukraine.<\/p>\n\n
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