Legal regulation of the virtual assets’ circulation in Ukraine: implementation challenges and development prospects

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Kotsiurba, O.
Zadorozhnia, L.
Задорожня, Л. М.

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Perfect Publishing

Abstract

The article analyzes the current state of regulatory regulation of the virtual assets market in Ukraine, identifies key challenges that the state has faced in the process of implementing the Law of Ukraine «On Virtual Assets». The international experience of regulation is studied, in particular in the context of European Union acts (Markets in Crypto-Assets Regulation), and the prospects for the development of the legal framework are outlined, taking into account the requirements of financial security, investor protection and the innovative economy’ development. The author’s recommendations for improving the regulation of the virtual assets’ circulation in Ukraine are presented.

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Keywords

virtual assets, cryptocurrencies, financial law, Markets in Crypto-Assets (MiCA), digital assets, legal regulation, blockchain

Citation

Kotsiurba, O. Legal regulation of the virtual assets’ circulation in Ukraine: implementation challenges and development prospects / O. Kotsiurba, L. Zadorozhnia // Science in the modern world: innovations and challenges : Proceedings of X International Scientific and Practical Conference, June 12-14, 2025, Toronto. – Toronto : Perfect Publishing, 2025. – Р. 481–489.

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