{"id":70889,"date":"2022-12-02T11:57:12","date_gmt":"2022-12-02T09:57:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70889"},"modified":"2025-09-08T04:49:35","modified_gmt":"2025-09-08T01:49:35","slug":"ukrainian-bitcoin-market-regulator-announces-cooperation-with-ernst-young-auditors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ukrainian-bitcoin-market-regulator-announces-cooperation-with-ernst-young-auditors\/","title":{"rendered":"Ukrainian bitcoin-market regulator announces cooperation with Ernst &#038; Young auditors"},"content":{"rendered":"<p>The Consultative Council on virtual asset regulation in Ukraine determined <a href='https:\/\/www.kmu.gov.ua\/news\/vidbulos-pershe-zasidannia-konsultatsiinoi-rady-z-pytan-rehuliuvannia-virtualnykh-aktyviv'>the next steps<\/a> for refining the relevant legislation.<\/p>\n<p>Participants included representatives of <span data-descr='National Commission on Securities and the Stock Market' class='old_tooltip'>NCSSM<\/span>, the Office of the President, the National Bank of Ukraine, and other state structures, as well as market experts.<\/p>\n<p>They discussed the already developed changes to the law \u201cOn Virtual Assets\u201d regarding their scope and definitions, as well as the taxation concept.<\/p>\n<p>According to Ruslan Magomedov, head of the NCSSM, the regulator is cooperating with the auditing firm Ernst &#038; Young and sectoral bodies to implement European standards under MiCA in the Ukrainian virtual asset market.<\/p>\n<p>The deputy head of the Office of the President Rostyslav Shurma stated the need for \u201cmaximum involvement of all parties\u201d in the industry&#8217;s regulation:<\/p>\n<blockquote class='wp-block-quote is-layout-flow wp-block-quote-is-layout-flow'>\n<p>\u201cWe must focus our efforts on creating a virtual assets market in Ukraine.\u201d<\/p>\n<\/blockquote>\n<p>The Consultative Council <a href=\"https:\/\/forklog.com\/en\/news\/ukraine-assigns-bitcoin-taxation-regulation-to-advisory-council-under-the-national-securities-and-stock-market-commission\">has been formed<\/a> to work on the draft law on taxation of digital asset transactions and changes to <a href=\"https:\/\/forklog.com\/en\/news\/ukraine-passes-law-on-virtual-assets\">the Law \u201cOn Virtual Assets\u201d<\/a>, adopted in February 2022.<\/p>\n<p>Earlier representatives of the Ministry of Digital Transformation and the NCSSM stated that cryptocurrency regulation in Ukraine <a href=\"https:\/\/forklog.com\/en\/news\/ukraine-to-align-its-cryptocurrency-law-with-eu-mica-rules\">will be revised in light of EU norms<\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href='https:\/\/telegram.me\/forklog' target='_blank' rel='nofollow noopener'>Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Consultative Council on virtual asset regulation in Ukraine has outlined the next steps for refining the relevant legislation.<\/p>\n","protected":false},"author":1,"featured_media":70890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1861,1528,36,16],"class_list":["post-70889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ernst-young","tag-nssmc","tag-regulation","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=70889"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70889\/revisions"}],"predecessor-version":[{"id":70891,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70889\/revisions\/70891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/70890"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=70889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=70889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=70889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}