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Ukraine Moves Closer to Regulated Crypto Market
Ukraine's Verkhovna Rada Committee on Finance, Tax, and Customs Policy recommended that Parliament adopt bill No. 10225-d at second reading. The bill aims to establish a legal framework for virtual assets, define regulators' powers, and set requirements for crypto service providers. It could complete the process left unfinished after Ukraine's Virtual Assets Law in 2022, which has not yet entered into force due to the need for supporting tax legislation.