Ukrainian Venture Capital & Private Equity Association (UVCA) together with the Swiss Embassy in Ukraine held a closed meeting for the Association members with André Guedel, Head of the International Headquarters of KPMG Switzerland, on the use of Blockchain technology in business. Andrii Dubetsky, member of the UVCA and co-founder of Bitcoin Foundation Ukraine was moderating the meeting.
During the meeting Mr. Dubetsky noted that UVCA is working on the implementation of Blockchain in business in Ukraine, in particular in the field of cryptocurrency and ICO. As a part of a working group created by business, the association is drafting a law and regulatory acts that will allow the legal use of cryptocurrency in Ukraine.
Mr. Guedel shared his experience in the field of cryptocurrency regulation and the perspectives for the ICO. He noted that Switzerland has advanced strongly in regulating cryptocurrency and conducting ICO. At the same time, he said, there are many challenges associated with the integration of cryptocurrency into the banking system and the approaches to regulation (or lack thereof) in different countries.
UVCA members were also treated to the Swiss wine and cheese tasting.