BLOCKCHAIN COMES TO UKRAINE

he article considers the possibilities of implementation blockchain technologies to increase competitiveness Ukraine. The purpose is study problems and prospects for introduction in existing approaches legislative definition concept cryptocurrencies are considered systematized. available proposals defining such cryptocurrency Ukraine, as well differences analyzed. Today, Verkhovna Rada Ukraine should choose authority that will regulate circulation country. depends on choice approach interpretation cryptocurrencies. If recognized a means payment, they must be regulated by National Bank if an asset, Securities Stock Market Commission. potential consequences each above decisions It substantiated why treated asset. Variants after changes investigated. Further ways development offered. Findings. needs finalize draft law №3637 "On Virtual Assets", which designate NSSMC body regulates In further framework sector take into account following recommendations: - not prohibit introduce excessive regulation technologies; provide amateurish populist recommendations business representatives; put bold experiments critical elements state infrastructure; carefully initiatives Ministry Finance, this department managed gather highly qualified specialists; listen recommendation representative public, particular representatives Blockchain-Ukraine Association relevant parliamentary association Rada. complex world requires extraordinary efforts find difficult solutions.