Binance to advise Ukrainian government on upcoming crypto regulation

posted 9 months ago
Malta-based cryptocurrency exchange Binance agreed to help Ukraine prepare new rules for cryptocurrencies, as well as digitize the country’s finances.

Ukraine’s Ministry of Digital Transformation has signed a memorandum of understanding (MoU) with Binance to work together on “establishing the potential legal status of virtual assets and currencies in the country.” The ministry was founded in September to supervise Ukraine’s transition to a digital economy and online government services. Under the MoU, Binance and the ministry will start a joint working group to discuss future crypto regulation and the creation of a digital asset market.
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