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Ukraine’s president signs law establishing regulatory framework for crypto

Ukraine’s president signs law establishing regulatory framework for crypto

In a Wednesday announcement, Ukraine’s Ministry of Digital Transformation said Zelenskyy signed a bill named “On Virtual Assets” to establish a legal framework for the country to operate a regulated crypto market.

Crypto exchanges and firms handling digital assets will be required to register with the government to operate legally in Ukraine, and banks will be allowed to open accounts for crypto firms.

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