Ukraine's central bank opposes crypto asset bill
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On November 6, 2026, the National Bank of Ukraine stated that it could not support the second-reading version of Crypto Asset Bill No. 10225-d. The bank believes that the bill could threaten monetary sovereignty and leave room for monopolies and corruption in the licensing system for crypto trading platforms. The central bank also opposes allowing tokens issued abroad and similar to electronic money to enter Ukraine without an assessment, and questions the arrangement under which the National Securities and Stock Market Commission would determine the number of platform operators for the first five years. The bill is intended to supplement the 2022 Virtual Assets Law with tax rules, imposing 18% personal income tax and a 5% military tax on profits from virtual asset transactions; if the remaining review is completed, it is scheduled to take effect on July 1, 2027.
AI-written from reports · updated 1 hour ago
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- CryptopolitanNational Bank of Ukraine Rejects Crypto Asset Bill Over Corruption Risks
The National Bank of Ukraine said it cannot support the second-reading version of Bill No. 10225-d, saying it could threaten monetary sovereignty and leave room for monopolies and corruption in licensing crypto trading platforms. The bank also opposes foreign-issued, e-money-like tokens entering Ukraine without an assessment, and questions the arrangement under which NSSMC would determine the number of platform operators during the first five years. The bill would add tax rules to the 2022 Virtual Assets Law, with profits from virtual asset transactions subject to 18% personal income tax and 5% military tax. If it passes the remaining reviews, it is scheduled to take effect on July 1, 2027.
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