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Regulation

Ukraine Central Bank Opposes Crypto Bill Advancing to Second Parliamentary Reading

(4 hours ago) · 1 source · Summarized by CryptoBipto

The National Bank of Ukraine has publicly refused to support a cryptocurrency regulation bill that has been cleared for a second reading in the Ukrainian parliament. The central bank's opposition creates uncertainty about whether the legislation will pass in its current form.

WHY IT MATTERS

When a country wants to create rules for cryptocurrency, it usually needs its central bank on board.

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SOURCES

  • bitcoinmagazine.com

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Crypto RegulationCentral BanksUkraineLegislative Process