The financial stability Board will establish a working group on the legal status of cryptocurrency in Ukraine. About this Finance Minister Alexander Danilyuk wrote on his page in Facebook.
“Given the importance of it industry for the economy of Ukraine, it is necessary to create favorable conditions for its development and to promote innovation. It was therefore agreed to find the optimal solution for the status of cryptocurrency in Ukraine and access to a shared position of the regulators,” he said.
Earlier it was reported that the legal status of bitcoin in Ukraine, it may be determined by the end of September.
The national Bank of Ukraine explained that bitcoin does not fall under the definition of currency or monetary surrogate, and mining is not a violation of the law.