March 29, 2024

Ukraine has created a public union "Virtual Assets of Ukraine"

The public union “Virtual Assets of Ukraine” has been created in Ukraine.

The largest exchange Binance continues to oversee the development of the cryptocurrency market in Ukraine – now includedpublic union "Virtual Assets of Ukraine" (VAU).

Ukrainian representatives of the blockchain industry– Blockchain4Ukraine, Arzinger, Juscutum companies and Binance employees – teamed up to popularize digital assets and promote innovative technology in the country.

Headed the new “Union VAU” director of the public organization Blockchain4Ukraine Konstantin Yarmolenko. According to him, the main task of the union – legalization of digital assets in the country and realization of internal potential in the international cryptocurrency market. The organization plans to introduce blockchain technology into the structure of public administration, transfer state registers to blockchain and tokenize state assets. Digitalization of the economy and the introduction of innovative technology will help attract international investment in a country that is suffering greatly from the coronavirus pandemic and corruption.

Ukraine entered the top three world leaders inthe number of blockchain developments, the use of cryptocurrencies by the population and international marketplaces by businesses. According to crypto enthusiasts, all this opens up international prospects for the country.

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