Cryptocurrency will soon be a legal asset class in Ukraine, thanks to a new bill signed into law by Ukrainian President Volodymyr Zelenskyy. Ukraine’s Ministry of Digital Transformation today that both foreign and Ukrainian cryptocurrency exchanges are cleared to operate in the country. Crypto companies will soon be able to open accounts in Ukrainian banks as well. The world has sent an estimated in crypto donations to Ukraine since Russia’s invasion, including the Ukrainian military, aid groups, hacktivists and everyday citizens.
“The signing of this Law by the President is another important step towards bringing the crypto sector out of the shadows and launching a legal market for virtual assets in Ukraine,” wrote Ukraine’s Ministry of Digital Transformation in its of the law’s signing.
Cryptocurrency has technically not been in Ukraine (hence the millions in…
