• The NBU said that the draft law on regulating Ukraine’s crypto market creates risks to financial stability and competition.
• The central bank is calling for tighter controls on foreign tokens and clear, transparent rules for authorizing trading venue operators.
• The NSSMC backed the draft law and urged the Verkhovna Rada to pass it as soon as possible at the second reading.

The National Bank of Ukraine did not support the current version of draft law No. 10225-d on crypto market regulation.

The central bank said it supports regulating the virtual assets market based on the European MiCA approach, international standards, and IMF recommendations. At the…