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.
Draft Law Proposes Regulations for Cryptocurrencies in Ukraine
Ukrainian lawmakers have revised the draft law designed to regulate the country’s expanding crypto space. The deputies have introduced a number of amendments since December when it was voted on first reading in the Verkhovna Rada, Ukraine’s parliament. The latest version of the document was released this week by the parliamentary Digital Transformation Committee which recommended its adoption.
The bill recognizes a virtual asset as an “intangible good” that has value and is an “object of civil circulation,” Forklog reported. Virtual assets
Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill
Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate…