About 70% of the market is now in the shadow, the official claims.
Minister of Economic Development and Trade Stepan Kubiv says the issue could be resolved by drafting a relevant bill.
The billionaire investor says their days are numbered.
The National Bank of Ukraine (NBU) has set additional requirements for the inclusion of audit firms entitled to inspect banks in the corresponding state register, according to the NBU website, referring to Resolution No. 110.
Two bills to provide legal frameworks for cryptocurrencies including bitcoin have now been submitted to the Ukrainian parliament, Bitcon.com reports.
Despite its previous plans to go cashless, Ukraine’s central bank has hinted that it may begin regulating the use of cryptocurrencies in the country, according to Coin Telegraph.
The National Bank of Ukraine (NBU) has made public its proposals on the legislative changes needed to introduce a liberal model of currency regulation, which would then be submitted to the National Reform Council, according to the regulator's statement.