After several months of discussions, the parliament finally passed a law to legalize crypto currencies in Ukraine.
Until now, digital assets and currencies did not fall under the law in Ukraine. This means that Bitcoin (BTC) and other crypto currencies were not in an illegal classification, but rather in a gray area.
This gray area is now becoming clearer with this new law also allowing companies to offer cryptoasset related services to the Ukrainian people.
To regulate this whole ecosystem, 2 bodies have been appointed: the National Bank of Ukraine and the National Commission on Securities and Stock Markets of Ukraine.
This good news for the emergence of blockchain technologies comes at a rather special time for Ukraine, whose current geopolitical context is at the center of discussions.