The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv but the government wants the legislation passed before the parliament’s summer break.
Bitcoin.com: Revised bill ‘on virtual assets’ aims to regulate Ukraine’s crypto space this summer
(FILES) This file photograph taken on Jan. 8, 2021, shows a Bitcoin digital currency logo on the front door of an ATM in Marseille, southern France.