Binance Will Help Ukraine Establish Legal Status of Crypto

Binance announced on Wednesday (November 6) that it has signed a memorandum of understanding (MoU) to work with the Digital Transformation Ministry of Ukraine for the purpose of establishing the "the potential legal status of virtual assets and currencies in the country."

Binance's blog post also mentioned that it will help with the development of "transparent and effective mechanisms for the transfer of rights to any virtual assets or currencies using blockchain technology as well as beneficial conditions for investments and business in Ukraine."

Mykhailo Fedorov, Ukraine's Vice Prime Minister and the Minister of Digital Transformation, had this to say: Read More...

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