Should Ukraine adopt EU's MiCA crypto asset regulations?

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Deputy Minister Alex Bornyakov of Ukraine's Ministry of Digital Transformation has voiced his support for the adoption of certain provisions from the European Union's MiCA regulations on crypto assets. Bornyakov believes that integrating these essential aspects of MiCA into Ukraine's regulatory framework will facilitate the seamless integration of crypto businesses.
During discussions, Bornyakov emphasized the advantages of a regulated crypto-based economy, including enhanced tax revenue, improved support from banks for crypto businesses, and the attraction of talented entrepreneurs to the industry.

He stressed the importance of establishing clear and comprehensive legislation to provide regulatory clarity and foster the growth of the crypto sector.

Additionally, we have an exclusive interview with Deputy Minister Alex Bornyakov which is available on our website. Gain valuable insights from the interview as Bornyakov shares his perspectives on Ukraine's crypto landscape and the country's strategic vision to become a thriving destination for crypto businesses.

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