A new draft personal data protection law, draft Law of Ukraine No. 5628 (“Draft 5628”), was introduced to the Ukrainian parliament on 7 June 2021. Draft 5628 replaces certain earlier draft laws on this subject and is currently the only draft legislation in the area of personal data protection.
The rights and obligations of virtual asset market participants, as well as the principles of state policy for virtual assets circulation recently came close to being set out in Ukrainian law. On September 8, 2021, the Ukrainian parliament, the Verkhovna Rada (the “Rada”) adopted the Law “On Virtual Assets” (the “Law”). The Law is designed to regulate legal relations arising in connection with the circulation of virtual assets in Ukraine.
Over the past years, Ukraine expressed its intention to step on the energy transition pathway, develop energy efficiency measures, phase out fossil fuels, and switch to renewable energy sources (RES). The development of green hydrogen production (based on electrolysis of water using renewable electricity) is part of the chosen direction. Therefore, the Ministry of Energy of Ukraine and more than 20 Ukrainian companies have joined the European Clean Hydrogen Alliance to coordinate efforts to develop hydrogen energy.