In Ukraine, WOW was created - the public union "Virtual Assets of Ukraine"

Several Ukrainian organizations from the blockchain and cryptocurrency industry announced the creation of the Public Union "Virtual Assets of Ukraine" (WOW) to promote digital assets in the country.

Blockchain4UKRaine participated in the creation of the organization, Arzinger and Vision, as well as Binance cryptocurrency exchange. Konstantin Yarmolenko, head of Blockchain4ukraine, became the General Director and Chairman of the Board of Directors of the VAU. The head of the Supervisory Board of the Public Union was appointed the head of the interfraction association of people's deputies of Ukraine Alexei Zhmerenetsky.

The main and priority purpose of the leaders of the WAU see the legalization of digital assets in Ukraine, as well as promotion of blockchain use, including, in state departments. Besides, Consides Konstantin Yarmolenko, The launch of the mechanism of tokenization of assets at the national level will attract foreign investments to the country's economy.

“Creation of the regulatory framework and the adoption of the basic bill No. 3637“ About virtual assets ”to the end 2020 This is one of the priorities of the Parliament of Ukraine " – said Alexei Zhmerenetsky.

Juscutum and Arzinger top managers Artem Afan and Timur Bondarev also emphasized, that the authorities of Ukraine consider one of the priorities to legalize virtual assets and adoption of a distributed registry technology.

According to the report of the Analytical Company Chainalysis published in September, It was Ukraine who became a country with the highest index of the use of cryptocurrencies. Also in the three countries, where the most popular cryptocurrencies are, Entered Russia and Venezuela.