Ukraine’s Central Bank Warns Crypto Bill Threatens Financial Stability

Ukraine’s central bank has rejected the current draft law on virtual assets, warning it threatens monetary sovereignty, financial stability and fair competition. The National Bank of Ukraine said it cannot back the legislation as written, flagging concerns over legislative transparency alongside the stability risks. The dispute matters because it leaves the country’s crypto framework in limbo even as digital-asset activity grows. Watch for lawmakers to revise the draft to address the NBU’s objections before resubmitting it.