The NBU expressed the need to introduce MiCA into Ukrainian legislation
Date: 2024-04-19 Author: Gabriel Deangelo Categories: IN WORLD
First Deputy Governor of the National Bank of Ukraine, Ekaterina Rozhkova, emphasized the importance of adapting Ukrainian legislation to MiCA at a meeting of the FSB Regional Consultative Group for Europe. A country that has become a candidate for EU membership must prepare its regulations to minimize the risks of crypto assets and the financial system.
Unification of regulation of the cryptocurrency industry
Rozhkova expressed the need to unify regulation in the cryptocurrency sector, including the introduction of MiCA into Ukrainian legislation. This step will contribute to the stability of the financial system and protect the interests of crypto asset owners.
Development and risk analysis in the artificial intelligence sector
The deputy head of the NBU also noted the importance of the rapid development of the artificial intelligence sector and the need for additional analysis of potential risks. The introduction of such technologies can significantly change the financial system, requiring a careful and systematic approach to assessing the consequences.
Assessing the impact of cryptocurrencies on the payment system
Previously, the opinion was expressed that cryptocurrency is not a means of payment, especially in conditions of hostilities. However, the legalization of crypto assets can bring certain benefits, subject to the implementation of appropriate legislative restrictions.
