We were among the pioneers in developing legislation to legalize the crypto market in Ukraine. We cooperate with international and European initiatives to build a transparent, lawful, and innovative Ukrainian crypto industry. We are pleased to collaborate with CFI and RUSI.

What lies ahead for Ukraine’s virtual asset market?

On October 29, 2025, the Center for Financial Integrity and the Centre for Democracy and Rule of Law (CEDEM) held an expert discussion titled “To Be or Not to Be: The Future of the Virtual Assets Market in Ukraine.”
The event brought together lawmakers, government agencies, international institutions, business representatives, and civil society to discuss the state of legislative implementation, market challenges, and prospects for launching the sector.

Currently, draft law No. 10225-D contains over two thousand amendments that require thorough review before the next parliamentary reading.

Key insights shared by the experts:

The crypto-asset market in Ukraine already exists — the goal of both the state and business is to bring it out of the shadows and ensure transparent and secure conditions.

• Clear rules, realistic requirements for service providers, and understandable tax norms are essential.
• Licensing and regulator designation are critical for building trust and attracting investment.
• Continuous feedback from the regulator helps reduce operational risks and improve market efficiency.
• Transparent regulation strengthens national security, economic resilience, and Ukraine’s integration into the EU.

The discussion demonstrated all stakeholders’ readiness for dialogue and practical solutions aimed at creating an attractive and well-regulated virtual-assets market in Ukraine.