COINDESK · 2026-11-05 12:51 UTC

Ukraine's central bank opposes crypto bill, citing monetary sovereignty concerns

Ukraine's National Bank (NBU) refused to support a new cryptocurrency legalization bill, citing concerns about monetary sovereignty, financial stability, and lack of safeguards. The NBU wants power to assess foreign-issued tokens and restrict their use, and opposes leaving the number of crypto trading operators to the securities regulator's discretion. The bill introduces a 5% transitional tax rate for existing crypto assets until end of 2028 and exempts crypto-to-crypto trades from taxation, but faces uncertainty as the NBU calls for further changes.

Loading the story on Tree News…