Blockchain4Ukraine — a group of pro-cryptocurrency Ukrainian legislators — and the Virtual Assets of Ukraine (VAU) citizen group unveiled a joint roadmap to promote and develop Web3 in the country. The document was signed by his co-authors on November 14, according to regional media.
The roadmap proposes a series of measures to promote Web3, such as the launch of a regulatory sandbox for blockchain and Web3 projects, the creation of a national blockchain-backed land and real estate registry, the preparation of a “plan of blockchain” to rebuild the country after the war and the integration of Ukraine into the European blockchain community.
VAU and Blockchain4Ukraine also intend to work on a self-sufficient identity pilot project and look at ways to implement blockchain in Ukraine’s healthcare and education systems.
The list of potential roadmap partners includes civil society and non-governmental organizations, as well as business and scientific communities. The group working on the roadmap will prepare a set of bills to promote their initiatives at the legal level.
In June, Ukraine became the third country outside the European Union to join the European Blockchain Association, a spin-off initiative of all 27 EU member states to provide cross-border public services. At that time, the CEO of VAU, Konstantin Ermolenko revealed Ukraine’s interest in launching a test node of the European Blockchain Services Infrastructure and pilot use cases of cross-border public services based on blockchain technology.
In March 2022, Ukrainian President Volodymyr Zelensky signed the country’s first major cryptocurrency-related legislation, the “On Virtual Assets” Bill. The bill establishes the National Securities and Exchange Commission of Ukraine and the National Bank of Ukraine as two major regulators of the cryptocurrency market.
Since the start of the Russian invasion in February 2022, Ukraine has managed to gather over $100 million in cryptocurrency donations through its government-created Ukraine Cryptocurrency Fund.
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