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Ukrainian president returns virtual asset bill to parliament for revision By Cointelegraph

Volodymyr Zelensky, president of Ukraine, has delayed the signing of the bill that would establish the nation’s regulatory framework around digital assets. The draft law, entitled “On virtual assets,” On Sept. 8, the Parliament approved it According to an Oct. StatementZelensky issued the bill by the presidency office and returned it to parliament along with several suggestions for improvement.

As per the statement, the president’s major objection to the legislation in its current shape is the costliness of establishing a new regulatory body for digital asset oversight: