Published on July 21st, 2018 | by bitcoin0
Crypto Regulation Supported by Ukraine’s Financial Stability Council
A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council.
Also read: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens
Ukraine Adopts Regulatory Concept for Cryptocurrencies
It’s been quite a while since Ukraine made any notable progress towards regulating its crypto sector.
The country’s Financial Stability Council has supported a concept to regulate crypto transactions.
The news about the decision of the council was announced on social media by Timur Khromaev, head of the National Securities and Stock Market Commission (NSSMC).
The newly approved concept recognizes certain categories of cryptocurrencies and tokens as financial instruments.