Speeding up crypto legislation by CoinQuora

Central Bank of Ukraine: speeding up crypto legislation

  • The National Bank of Ukraine is calling on the state to hurry to pass crypto legislation.
  • The bank’s political unit also asked the board to look at the impact of crypto on central banks in other countries.
  • The goal is to help better manage crypto risks and protect customers who trade cryptocurrencies.

Ukraine‘s central bank has asked the country’s government to speed up crypto legislation. The National Bank of Ukraine made the request in an official statement.

The bank’s policy-making unit urged the state to hurry with its regulatory rules regarding crypto. To clarify, they said to

“Accelerate the preparation of legislation to regulate the crypto asset market and transactions carried out using [crypto-assets]. “

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This article first appeared on coinquora.com

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