The local regulator’s team plans to submit the necessary draft law for the Parliament to consider by late 2018 or the start of next year.
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The head of the state financial regulator calls virtual money a financial instrument, a store of value but does not believe it should be made a legal means of payment. He also believes that the government will turn Kiev into a large crypto market, like that of Switzerland and Malta, thus creating good conditions for crypto and Blockchain startups.