Bitcoin tax development in Ukraine was entrusted to the consultation council at the NKTSBFR

The National Commission on Securities and the Stock Market of Ukraine (NKTSBFR) has created a consulting council for further development of the regulation of the virtual assets market (VA).

First of all, he will deal with the bill on taxation of cryptocurrency operations and amendments to the Law “On VA”.

The new structure will also coordinate the issues of regulatory regulation of activities on the cryptoine.

The council will include representatives of “relevant authorities, leading market specialists and other interested participants”.

Recall that the law “On virtual assets” adopted in September 2021 will not enter into force until the amendments to the Tax Code of Ukraine.

According to the NCCBFR, the Basic Law will also be finalized taking into account the provisions of the European Mica Regulation bill .

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