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Ukraine's central bank refuses to back crypto bill over corruption risk

Published Source: CryptoPolitanRead original

Crypto Insight Summary: The National Bank of Ukraine said it cannot support Draft Law No. 10225-d. The bill in question is meant to legalize and tax the country’s crypto market, but now the bank is warning that the text recommended for a second reading threatens monetary sovereignty and leaves the door open to monopoly and corruption in how... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Mid-term (1-8 weeks) Reasoning: Ukraine's opposition to a domestic crypto bill may delay local adoption but has little broader market impact.

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Ukraine's central bank refuses to back crypto bill over corruption risk — Crypto Insight