- Ukraine’s draft law ‘on virtual assets’ is now being prepared in the second reading.
- Deputy Minister of Digital Transformation says it’s possible to legally pay with crypto.
- The draft does not clearly specify that crypto is a means of payment in the country.
On Friday, Ukraine’s Deputy Minister of Digital Transformation, Oleksandr Bornyakov, shared in an interview that it will be possible to legally pay with crypto in the country once the new law is adopted. As of now, the draft law ‘on virtual assets’ is now being prepared in the second reading.
Of note, Ukraine has been preparing to legalize cryptocurrencies and the virtual hryvnia for the past few months. Clearly, once the new virtual assets law is adopted, the residents of Ukraine can legally trade and spend crypto in the cou...