A year after the Russian invasion, Ukraine is once again focused on digital currency law. Ukraine's Securities and Stock Market Federation (NCSSM) committee Yuri Bojko (Yurii Boiko) made it clear that the war has not changed the view of control.

In an interview with Cointelegraph, Boiko said Ukraine once again follows the pace of EU countries in terms of digital currency law.

The operations commissioner said that due process in Ukraine has been diligently implementing the most important login password policy and regulation in Europe, namely the policy and regulation on the market for the sale of encrypted assets, commonly known as MICA.

"during the war, the regulation of the virtual asset market could not be changed," Boiko said. "

We all know clearly where we are going, because the road is European integration, and introduce better EU national standards and standards in our sales market. Therefore, we are confident to go our own way and implement the cloud card regulations into the legal plan.

Boiko stressed that the slowdown in Ukraine's laws based on login passwords is fundamentally due to the need to amend the country's tax law and civil law accordingly. Another factor is Ukraine's path to European integration, the senior official said, adding that NCSSM has been actively working with its international counterparts to implement policies and regulations such as MICA.

Oleksii Zmerenetskyi, head of the Blockchain4 team in Ukraine's parliament, said that the country's legislature gradually controlled the cryptocurrency market in October 2017.

Merenetsky said: "it is a pity that at that time, the Verkhovna Rada of the eighth Congress could not pass the password law, and it was not until the election of US President Volodymyr Zelensky that the Verkhovna Rada of the Ninth Congress carefully considered this issue." He stressed that lawmakers then created the Blockchain4 Ukraine working Group with more than 50 people in September 2019.

A research group headed by the National Federation of Social Security is now working on a series of proposals to amend the virtual assets law to integrate it into biotite, which will be decided by the European Parliament in April, Merenetsky added. He said that once the US president has signed the package, NSSMC and the State Bank of Ukraine (NBU) will prepare the appendix in advance, after which Ukraine will fully launch the virtual asset sales market.

"people plan to do this work by the end of this year," Zymerenetsky said.

As reported, Ukraine's central bank banned the local currency, Ukraine's hryvna, from buying bitcoin (BTC) in April 2022. NBU can only purchase login passwords with foreign exchange in Ukraine, with a total purchase amount of no more than 100000 hryvna (US $3300) per month.