🇺🇦 The NBU does not support the current version of the crypto market bill

The National Bank of Ukraine has called for draft law No. 10225-д to be revised. The relevant committee of the Verkhovna Rada recommended it for its second reading.

The NBU’s three main concerns:
- the risks of admitting foreign tokens that function as electronic money;
- opportunities to circumvent regulation;
- the overly broad powers of the National Securities and Stock Market Commission when approving trading platforms, posing a threat of monopolization and corruption.

Meanwhile, the National Securities and Stock Market Commission supports the document and urges the Verkhovna Rada to pass it as soon as possible.
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