Representatives of the State service for special communication and information protection of Ukraine reported that the Agency has no plans to introduce licenses for mining activities. The comment came in response to the request of the Office of effective regulation (BRDO). About it reports local news Agency “Financial club”.

Despite the conducive legal framework, BRDO claims that mining on the territory of Ukraine still remains a risky activity. Because of the threat of fines or confiscation of mining equipment companies try not to make their work public: the legal status of cryptocurrencies and not defined, and the reaction of authorities is difficult to predict.

According to a survey conducted among the population of Ukraine by Kantar company TNS Ukraine, 72% of citizens have heard about cryptocurrency, but they own only 13%. Half of those who have not invested in the cryptocurrency, the main reason for refraining from buying called distrust. Meanwhile, 41% of respondents believe that the cryptocurrency should be regulated at the state level, and 19% believe in the necessity of banning the cryptocurrency as such.

Attempts to develop and implement a cryptocurrency legislation in Ukraine began last fall in September 2017, the Cabinet of Ministers of the Council of financial stability of Ukraine had to make a final decision on the status of digital currencies. Then, in January 2018, heads of government departments of the country was entrusted with the formation of a legislative working group on cryptocurrencies; the head of the national security Council and defense of Ukraine Oleksandr Turchynov said that the lack of control over the circulation of cryptocurrencies, along with the anonymity of such transactions “threatens national security and the economy”, creating the preconditions for criminal use.

In may, MPs of the Verkhovna Rada, presented the bill. It provides for regulation of storage and stock trading cryptocurrencies and smart contracts. In addition, the draft stipulates measures to protect users against money laundering, identity theft, and other illegal activities.

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