Ukraine is the best crypto jurisdiction with new tax regulations, says the digital minister in Davos regulation
Ukraine is the best crypto jurisdiction with new tax regulations, says the digital minister in Davos regulation
Ukraine will be the world's best jurisdiction for crypto assets, promised the minister, who monitors the country's digital transformation. In a conversation with the media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support of the crypto community for his nation-related nation.
crypto donations were of crucial importance for Ukraine in the middle of the invasion, says Fedorov
In the early stages of the Russian military invasion donations were "decisive for cryptocurrency The Ukraine, ”said the Vice Prime Minister and Minister of Digital Transformation of the Land, Mykhailo Fedorov told journalists in Davos, Switzerland.
During a press conference on the edge of the World Economic Forum (WEF), Fedorov said that, despite the currency restrictions imposed by war law, Ukraine could quickly buy everything it needed for its armed forces.
The high -ranking representative also emphasized that the government with a comprehensive approach to complete legalization of cryptocurrencies is developing the necessary legal framework. A law "about virtual assets" was passed from the Werchowna Rada, the Ukrainian parliament February.
So that these legal provisions can come into force, changes to the tax code are also required. As soon as they are accepted, Ukraine will have the best crypto jurisdiction in the world, Fedorov emphasized and further pointed out:
Ukraine is an EU candidate. We have to harmonize with European law and take into account the practices and recommendations of the IMF and the World Bank.
The minister wants to be paid in the digital currency of Ukraine, E-Griwna,
The Ukrainian official also emphasized the progress in the issue of a digital currency of the Ukrainian Central Bank (CBDC). "Two weeks ago I saw a pilot from the electronic Griwna," he said, referring to the Project is realized.
The National Bank of Ukraine (NBU) intends to propose a law to introduce the CBDC in 2024, Mykhailo Fedorov revealed. "I plan to become his first test user and to receive my salary in E-Griwna," he said.
Despite the raging conflict with Russia, the authorities in Kiev have a "very ambitious plan" to make Ukraine the most digitized country in the next two years. "Digitization will be the basis for the reconstruction. We carry out these reforms during the war," said Fedorov.
The Vice Prime Minister also emphasized the support that his country receives on the way to digitization in relation to resources and experiences from G7 countries such as the United States and Japan. He also called for the continuation of the technological lanes against Russia, which in his opinion still buys components use virtual assets and agents.
Do you believe that Ukraine will establish itself after the war as one of the most crypto -friendly travel destinations? Share your expectations in the comment area below.
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