The post Ukraine to Adopt EU’s New Cryptocurrency Regulations appeared first on Coinpedia Fintech News
The European Parliament has approved the first-ever set of regulations for crypto asset markets, known as MiCA. This new law will provide comprehensive oversight and is expected to have a significant impact on the industry, particularly after the collapse of major companies like FTX. It marks a crucial step towards regulating the sector on a large scale, bringing much-needed protection to users and promoting innovation.
Plans to adopt the EU’s MiCA regulations on crypto assets have been announced by Ukrainian authorities, following its approval by the European Parliament.
Ukraine makes headway toward implementing MiCA regulations
On April 20th, it was announced on the Telegram channel of Yaroslav Zheleznyak, the Deputy Chairman of the Tax Committee of Ukraine, that work is already underway to implement certain provisions of MiCA by him, his colleagues from the National Commission
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