Disagreements over foreign crypto assets, market access, and licensing powers threaten to complicate Ukraine’s efforts to establish a comprehensive cryptocurrency framework.
Ukraine’s National Bank (NBU) has opposed the latest version of the country’s cryptocurrency regulation bill, warning that its provisions could undermine monetary sovereignty, create unequal market conditions and encourage monopolisation among crypto trading platforms. In a 4 November statement, the central bank said draft law No. 10225-d still fails to address several concerns ahead of its second reading in parliament.
One of the NBU’s main objections concerns foreign-issued tokens that could function as electronic…
