The new law should launch a legal market for virtual assets in Ukraine.

Foreign and Ukrainian crypto companies can operate legally, and Ukrainians will have convenient and secure access to the global market for virtual assets. Market participants will receive legal protection and the opportunity to make decisions based on open consultations with government agencies. There will be a transparent mechanism for investing in a new class of assets,” said Minister of Digital Transformation Mikhail Fedorov. The regulators of the virtual assets market will be the National Securities and Stock Market Commission and the National Bank.