“
This was reported by the People’s Deputy Yaroslav Zheleznyak.
246 people’s deputies voted in favor of the appropriate decision.
In February 2022 parliament supported The revised bill “On Virtual Assets” after the veto of the President.
However, in order for this law to work, the Council had to pass another law that would determine the procedure for taxation of transactions with virtual assets. Today the Verkhovna Rada supported this bill.
The document is scheduled to be considered by the end of August. The project establishes the rules of taxation of crypto assets and amends a number of other laws. In particular, it specifies the rules of virtual assets and the conditions of their admission to the market.
The bill divides crypto assets into three categories: those whose value is tied to certain assets (for example, shares); those whose value is tied to certain currencies (eg USDT); All other cryptoactivities.
The first two categories will set the requirements for the reservation of assets or currencies to which the cost of the corresponding tokens is attached. In order to issue virtual assets of the last category, it will be necessary to register a special “white book”, which will contain detailed information about the asset and its issuer.
Other virtual assets will have to be monitored for the adequacy of reserves that ensure the stable cost of tokens, or to allow bidding. The paradox is that neither the Law on Virtual Assets nor the proposed version of the draft law answers who will be.
”, – WRITE: epravda.com.ua
This was reported by the People’s Deputy Yaroslav Zheleznyak.
246 people’s deputies voted in favor of the appropriate decision.
In February 2022 parliament supported The revised bill “On Virtual Assets” after the veto of the President.
However, in order for this law to work, the Council had to pass another law that would determine the procedure for taxation of transactions with virtual assets. Today the Verkhovna Rada supported this bill.
The document is scheduled to be considered by the end of August. The project establishes the rules of taxation of crypto assets and amends a number of other laws. In particular, it specifies the rules of virtual assets and the conditions of their admission to the market.
The bill divides crypto assets into three categories: those whose value is tied to certain assets (for example, shares); those whose value is tied to certain currencies (eg USDT); All other cryptoactivities.
The first two categories will set the requirements for the reservation of assets or currencies to which the cost of the corresponding tokens is attached. In order to issue virtual assets of the last category, it will be necessary to register a special “white book”, which will contain detailed information about the asset and its issuer.
Other virtual assets will have to be monitored for the adequacy of reserves that ensure the stable cost of tokens, or to allow bidding. The paradox is that neither the Law on Virtual Assets nor the proposed version of the draft law answers who will be.