The Verkhovna Rada of Ukraine has adopted at the first reading draft law No. 3637 “On virtual assets,” which gives them a legal status.
The corresponding decision was supported by 230 deputies.
The document regulates the circulation of virtual assets in Ukraine and allows market participants to use banking services, pay taxes on income received and receive legal protection in courts in case of violation of their rights.
Draft Law No. 3637 “On Virtual Assets”, developed by the Ministry of Digital Transformation of Ukraine, the Blockchain4Ukraine parliamentary union and Blockchain Ukraine Association (BAU).
