The financial stability Board of the Ukraine supported the concept of regulation of cryptocurrency transactions. This was announced by the head of the National Commission on securities and stock market (NKTSBFR) Timur Limp.

“This concept involves the recognition of certain categories of cryptocurrency and token financial instruments, role and functions of state bodies (NBU, NSSMC, GFS, scfm) in regulating the turnover of these tools, licensing of participants in transactions, disclosure of information and other”, — emphasized Limp.

Limp added that this event is “an important step in building consensus among public agencies.”

At the same time, he believes that the Board’s decision is a confirmation of “readiness to work with the Verkhovna Rada and the stock market on the creation of a regulatory framework to ensure transparency and high quality of relationships between investors and participants of the cryptocurrency market.”

Note that some people who left comments under the post Khromaev, criticized the very intention of the authorities to regulate the cryptocurrency industry.

So, one of the users, for example, wrote that the state might as well regulate the asteroids and meteorites are flying past Earth.

We will remind, earlier the Office of effective regulation” (BRDO) reported that the State service of special communication and information protection of Ukraine does not yet include mining crypto currencies to licensed activities.