“In Ukraine, the next stage of cryptocurrency legalization was again in question. The People’s Deputy Yaroslav Zheleznyak reported this. According to Zheleznyak, the consideration of the bill was blocked through the interference of the President’s office. In particular, the Chairman of the National Securities and Stock Market Ruslan”, – WRITE ON: ua.news
In Ukraine, the next stage of cryptocurrency legalization was again in question.
This was reported by MP Yaroslav Zheleznyak.
The bill, which should regulate the market of virtual assets and introduce new rules of taxation of cryptocurrency, was unexpectedly removed from the consideration of the Verkhovna Rada.
According to Zheleznyak, the consideration of the bill was blocked through the interference of the President’s office. In particular, the head of the National Securities and Stock Market Commission Ruslan Magomedov reported to his longtime acquaintance – the chairman of OP Andriy Yermak, after which the document got on the presidential table.
As a result, the head of state decided to postpone the consideration of the bill for an indefinite period.
This situation was a surprise to the market, because at the end of April, the profile committee of the Verkhovna Rada recommended that Parliament consider the draft law in the first reading.
The document envisaged a comprehensive regulation of the cryptocurrency market, in particular determining the legal status of virtual assets, new approaches to taxation and introducing transparent rules for business and investors.
Experts have repeatedly emphasized that the legalization of cryptocurrency is not only a matter of innovation, but also additional revenues to the state budget.
The Ministry of Digital Transformation estimates, Ukraine is part of the world leaders in terms of cryptocurrency, and the market for virtual assets can bring billions of hryvnias every year.
We will remind, the chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danilo Getmantsev urged Ukrainians not to delay with the declaration of cryptoactives.
We also reported that the Government of Ukraine plans to introduce total tax control, in particular, the fiscalization of all natural persons-entrepreneurs (FOP), control over taxi and delivery activities, as well as the fight against salaries in envelopes.
