Forbes Ukraine reported that the National Commission on Securities and the Stock Market, the Ministry of Digital Finance, the National Bank of Ukraine (the central bank), and MPs are currently working on a plan.
The news follows developments earlier this month when politicians revealed they would adopt EU Markets in Crypto-Assets (MiCA)-inspired regulations.
MiCA was adopted into EU law in the second half of 2022.
The media outlet stated that Verkhovna Rada’s Financial Committee is working on new proposals.
The committee is working in conjunction with law enforcement agencies.
It added that several “crypto market players” were also advising on the new regulations.
The international financial firm EY (Ernst & Young) and USAID Financial Sector Reform are also reportedly “advising.”
These parties have formed a “working group.”
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