A year after Russia’s invasion, Ukraine continues working on cryptocurrency legislation, but the war has not changed its regulatory stance, according to a Kyiv official.

Ukraine has continued to follow in the footsteps of the European Union in regard to adopting digital asset laws, Ukraine’s securities commissioner Yurii Boiko told Cointelegraph in an interview.

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.

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’s tax and civil codes. Another factor is Ukraine’s path to European integration, the official said, adding that Ukraine’s National Commission on Securities and Stock Market (NSSMC) has been actively cooperating with international colleagues to implement regulations like MiCA.

(by HELEN PARTZ)

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