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Ukraine central bank opposes crypto bill cleared for parliamentary vote

Ukraine's National Bank has refused to support Bill 10225-d, warning that it could let foreign tokens function as electronic money without adequate oversight.

  • The National Bank of Ukraine publicly declined to back Bill 10225-d, citing threats to monetary sovereignty.
  • The bill would permit foreign tokens that act like electronic money without matching supervision, which the NBU says risks financial stability.
  • Parliament's finance committee has recommended the bill for a second reading and final vote.
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