{"id":17145,"date":"2023-02-28T12:48:33","date_gmt":"2023-02-28T12:48:33","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/war-had-no-impact-on-ukraines-regulatory-approach-to-crypto-kyiv-lawmaker-says\/"},"modified":"2023-02-28T12:48:35","modified_gmt":"2023-02-28T12:48:35","slug":"war-had-no-impact-on-ukraines-regulatory-approach-to-crypto-kyiv-lawmaker-says","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/war-had-no-impact-on-ukraines-regulatory-approach-to-crypto-kyiv-lawmaker-says\/","title":{"rendered":"War had no impact on Ukraine\u2019s regulatory approach to crypto, Kyiv lawmaker says"},"content":{"rendered":"
A year after Russia\u2019s invasion, Ukraine continues working on cryptocurrency legislation, but the war has not changed its regulatory stance, according to a Kyiv official.<\/p>\n
Ukraine has continued to follow in the footsteps of the European Union in regard to adopting digital asset laws, Ukraine\u2019s securities commissioner Yurii Boiko told Cointelegraph in an interview.<\/p>\n
Boiko said that the Ukrainian lawmakers have been working to implement major European crypto regulations, known as the Markets in Crypto Assets regulation, or MiCA.<\/p>\n
\u201cThe approach to the regulation of the virtual asset market has not changed during the war,\u201d Boiko stated, adding:<\/p>\n
\u201cWe clearly know where we should go, because our path is European integration and the introduction of better EU norms and rules to our markets. Therefore, we confidently go our own way and implement MiCA regulations into the legislative plan.\u201d<\/p><\/blockquote>\n
Boiko noted that the adoption of crypto legislation in Ukraine has been slowed down mainly due to the need to develop necessary amendments to the country\u2019s tax and civil codes. Another factor is Ukraine\u2019s path to European integration, the official said, adding that Ukraine\u2019s National Commission on Securities and Stock Market (NSSMC) has been actively cooperating with international colleagues to implement regulations like MiCA.<\/p>\n