В этой статье:
1. What is recognized as a “digital thing”?”
2. Cryptocurrencies are coming out of the gray zone
3. What about the Virtual Assets Act?”
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On August 10, 2023, the Verkhovna Rada passed bills on digital services and digital things. In particular, virtual assets (VA) are also recognized as such.
What this means for cryptocurrency users in Ukraine, Incrypted’s editorial team has looked into it together with lawyers.
What is recognized as a "digital thing"?
Laws provide detailed definitions regarding digital things, services and content, Juscutum lawyer Vyacheslav Zlatin told Incrypted. Specifically:
- a digital thing is defined as virtual assets, digital content and other goods that are created and exist exclusively in the digital environment and have property value;
- digital service provides the consumer with the ability to create, process, store, distribute data in digital form, as well as to perform any other actions with such data that have been created or downloaded by the consumer or other users of this service;
- digital content means any information, including information and data in digital form, regardless of whether it is subject to intellectual property rights.