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Ukraine Crypto Licensing: Draft VA Law
Date not set Not yet enacted. The NSSMC chair expects the law to apply from 2027 (NSSMC, 15 Jun 2026); no date has been enacted yet.
- Regulator
- National Securities and Stock Market Commission (NSSMC) · National Bank of Ukraine
- Legal basis
- Draft law on virtual assets (passed first reading, Sept 2025)
NSSMC · News, 15 Jun 2026 - Official register
- No licensing register yet: the regime is not in force.
- Pending
- Not yet enacted. The NSSMC chair expects the law to apply from 2027 (NSSMC, 15 Jun 2026); no date has been enacted yet.
What Is Changing
Ukraine is preparing a MiCA-aligned virtual assets law. According to the NSSMC, the bill passed first reading in September 2025; the NSSMC will be the main regulator and the National Bank will supervise e-money tokens. The NSSMC chair expects the law to take full effect from 1 January 2027, but no date has been enacted.
Timeline
- regulator notice
The NSSMC reports that the virtual assets bill, which passed first reading in September 2025, makes the NSSMC the main crypto-market regulator and the National Bank of Ukraine the supervisor of e-money tokens. The chair expects the new law to apply from 2027.
Sources: NSSMC · News, 15 Jun 2026 official
A company-level tracker for Ukraine is in preparation. This page covers the rules and dates only. CSV
Cite This
VASP Tracker, “Ukraine crypto licensing: Draft VA law”, https://vasptracker.com/en/ua/ (21 Oct 2026), CC BY 4.0.