KIEV: Following in the footsteps of several governments regarding regulations on the trade of crypto and other tokens, Ukraine has decided to publish a document announcing its official position, joining an ever-growing wave of countries that take seriously the use of cryptocurrencies among their citizens.
On its website, SFMS announced that they are constantly monitoring and watching the activity related to the crypto trading, which has allowed them to collect information, analyze the data obtained, evaluate positions and make the correct decision trying to avoid the negative potentialities they have observed.
However, despite all the research carried out, they maintain that they have not yet taken a position on various situations and that it is very likely in the following days to be changes and improvements with respect to official publications.Also in its statement, the SMFS differentiates between electronic Money from cryptocurrency, mentioning that the former represents a value translatable into trust money, while cryptocurrency exists as a means of value in itself agreed by the parties involved .
