Regulate The Cryptocurrency Industry In Ukraine Is Still Early – National Bank

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January 14, 2022
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Representatives of the national bank of ukraine are confident than entering the cryptocurrency industry regulation system is still early. In their opinion, it is necessary to resolve several issues related to this economic direction.

Regulate The Cryptocurrency Industry In Ukraine Is Still Early - National Bank

In particular, this opinion was expresed by the post of head of the department of strategy and reforms under the national bank mikhail viyakin. In his opinion, the activities of the supervisory authorities, as well as the fact of the absence of a clear definition of what digital money can strangle the market.

Viyakin is confident that the introduction of cryptocurrency regulation is necessary, but it is subway to make it so that it helps the industry and did not create additional obstacles for its development. In his opinion, banks must be used by the achievements of fintech.

First of all, viyakin believees, it is necessary to reduce the number of regulatory authorities and weaken the pressure on the cryptocurrency industry. Indition, in his opinion, it is nessary to remow through the adoption of the relevant laws.

Recall: chinase experts believe that despite a large number of positive predicttions, bear trend will continue to cryptors until the end of 2019.

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