Central Bank Obstacle to Crypto Law in Ukraine: It Wants Restrictions on Foreign Tokens

Ukraine’s central bank has withheld support for the crypto bill advancing to its second reading, demanding authority to restrict foreign tokens when needed and stronger safeguards over market access. The National Bank of Ukraine (NBU) wants the power to limit foreign token circulation and tighter guarantees for market entry, according to CoinDesk. The move delays a long-awaited framework that would give legal status to crypto activity in Ukraine and clarify oversight of exchanges and digital assets. The standoff matters because it leaves Ukraine without a fully enacted crypto regime as it seeks to attract investment and integrate digital assets into its wartime economy. What to watch next is whether lawmakers amend the draft to grant the NBU its requested powers over foreign tokens before the second vote, and how that reshapes access for global crypto assets.