National Bank of Ukraine proposed to postpone the law “On virtual assets”

The National Bank of Ukraine proposed to postpone the adoption of the draft law “On virtual assets”, which regulates operations with cryptocurrency in the country. Mikhail Chobanyan, the founder of the Kuna exchange, announced this.

According to him, the central bank had questions regarding the confirmation of the sources of funds “for the primary purchase of the crypt.”

Update:  later Mikhail Chobanyan said that the proposal to finalize the bill was the initiative of the first deputy head of the NBU, Ekaterina Rozhkova.

On December 2, the Verkhovna Rada of Ukraine in the first reading adopted the draft law “On virtual assets”, which defines virtual assets as an intangible benefit.

The function of the market regulator is assigned to the Ministry of Digital Transformation, and in some cases to the National Bank and the National Commission on Securities and Stock Market.

The bill complements the previously adopted law on the implementation of the FATF rules for combating money laundering and terrorist financing.

Earlier, the NBU said that the legalization of cryptocurrencies would provide legal protection to users and market participants. According to officials, it is incorrect to call cryptocurrency a currency.

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