Ukraine Accepted Cryptocurrencies as a Payment and Investment Asset

According to the new law, every transaction worth over $1,000 is subject to accurate checking. The Ministry of Digital Transformation will regulate this area.

The bill was adopted today, December 6, at 14:11 (GMT +2) in the second reading. 246 deputies voted in support of the project, 17 were against, another 59 refrained to vote.

Representatives of the Ukrainian Cabinet of Ministers and several committees of the Verkhovna Rada initiated the bill No. 2179. Here is the full content of the law.

We previously wrote that the President of Ukraine introduced a punishment for illegal enrichment with cryptocurrencies. Ukrainian authorities also signed a memorandum with Binance.

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