The Union “Virtual Assets of Ukraine” includes the organization Blockchain4Ukraine and law firms Arzinger and Juscutum
Public organization Blockchain4Ukraine, law firms Arzinger and Juscutum and the world’s largest crypto exchange Binance on November 22 created the public union “Virtual Assets of Ukraine”. According to the press release, the main goal of the organization will be the development of the virtual asset market in Ukraine and its integration into the global cryptocurrency market.
The director of Blockchain4Ukraine Konstantin Yarmolenko was elected the general director and the head of the board of directors of the WAU, and the supervisory board was headed by the head of the blockchain4Ukraine inter-factional association of deputies of the Verkhovna Rada Alexey Zhmerenetsky (“Servant of the people”).
The latter, in particular, called one of the priorities the adoption by the end of this year of the bill No. 3637 on virtual assets.
“Our goal is simple – to legalize virtual assets in the country and strengthen Ukraine’s global leadership. We want to introduce blockchain technology into state registries and launch a mechanism for tokenizing state and corporate assets to attract investment in the Ukrainian economy, which has been severely affected by the coronavirus pandemic,” turn Yarmolenko.
According to Gleb Kostarev, Director of Binance in Eastern Europe, Ukraine is one of the priority markets for Binance.
“Ukraine occupies one of the leading places among European countries in terms of the number of people familiar with the crypto industry and trading cryptocurrencies … The initiative to create a public union” Virtual Assets “will further contribute to the popularization of cryptocurrency in the country and the spread of technology, as well as the creation of a favorable business climate for the local crypto community, “he said.