Ukraine plans to regulate cryptocurrencies

Home » ALTCOINS » Ukraine plans to regulate cryptocurrencies
2018-05-25
Ukraine plans to regulate cryptocurrencies

On May 14, the Council of the European Union formally approved the Directive on combating money laundering (2015/849), in which, in particular, it consolidated the concept of “virtual currency”. In accordance with the Association Agreement with the EU, Ukraine must implement these amendments within 21 months. In his post on Facebook, Goncharuk said that on May 24 a meeting was held in the format of a public dialogue between state authorities and market representatives designed to identify the main provisions that need to be taken into account when creating a crypto currency law in the country.

The meeting was attended by Chairman of the Verkhovna Rada Committee on Informatization and Communications Alexander Danchenko, Director of the Capital Markets Development Strategy Department of the National Commission for Securities and Stock Market Maxim Libanov, Director of the Department for Enterprise Development and Regulatory Policy Denis Gutenko, People’s Deputy of Ukraine Alexei Mushak and Managing Partner of Juscutum law firm Artem Afyan.

“It is worthwhile to understand that even bad, but stable rules are better than good, but constantly changing. But the worst thing that the state can do is to refrain from creating or at least clarifying the rules of work in the market, “Goncharuk said.
In addition, the meeting will discuss the Green Book “Regulation of the Crypto-Currency Market” prepared by BRDO experts.

“It briefly tells why the cryptocurrency in Ukraine has already been resolved, and are no longer “incomprehensible”. And also why the two key court decisions on the cryptocurrency are based on false facts (due to confusion between the European Court of Human Rights and the EU Court), and therefore the decision to release operations with cryptocurrencies from the payment of VAT can be canceled,”said Alexei Goncharuk.
As a result of the meeting, the Office for Effective Regulation will make recommendations to the Cabinet of Ministers of Ukraine regarding the state policy regarding the cryptocurrency market.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,008.08
  • ethereumEthereum$161.91
  • rippleXRP$0.322710
  • tetherTether$1.01
  • eosEOS$5.27
  • stellarStellar$0.112583
  • litecoinLitecoin$77.40
  • cardanoCardano$0.081557
  • tronTRON$0.026093
  • moneroMonero$66.67
  • iotaIOTA$0.312473
  • nemNEM$0.063334
  • dashDash$119.64
  • neoNEO$11.00
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018