He emphasised that crypto donations during the Russia-Ukraine conflict “proved as important support". He added, "Next step is full blockchain integration of Ukraine and the EU based on EBP/EBSI initiatives."
Ukraine hopes to become a full EBP member once the blockchain pilot use cases are completed with EBP as an observer. Yarmolenko went on to say that Ukraine is looking for more blockchain partnerships to provide citizens with cross-border public services such as verification of educational credentials/diplomas and identity credentials, as well as refugee/asylum registration and support.
While discussing the partnership, Yarmolenko stated that joining the EBP is a way to strengthen ties with the EU. He said, “I’d even call it blockchain integration with the EU."
Zhmerenetskyi highlighted other advantages of the EU-wide blockchain collaboration. He claimed it would make Ukrainian driver"s license valid in other parts of Europe if they became refugees there.
Mairead McGuinness of the European Commission recently emphasised the importance of “regulating all crypto-assets—whether they’re unbacked crypto-assets or so-called stable coins." McGuinness is the Commissioner of Financial Services, Financial Stability and Capital Markets Union of the European Commission. She went on to say that regulation must apply to all crypto assets, including stablecoins. She also stated that she intends to discuss a proposal with the French government via Markets in Crypto Assets (MiCA).
The writer is the founder at yMedia. He ventured into crypto in 2013 and is an ETH maximalist. Twitter: @bhardwajshash
First Published: Jun 20, 2022, 14:38
Subscribe Now