Ukraine’s Central Bank Withholds Support as Crypto Bill Nears Final Rada Vote

The National Bank of Ukraine (NBU) said on Nov. 4 that it cannot support bill No. 10225-d , the country’s draft law on virtual assets, in its current form, and asked lawmakers to rework it before the second reading. The central bank set out its position in a Telegram post on the same day a parliamentary committee voted to send the bill back to the floor. The Verkhovna Rada’s Committee on Finance, Tax and Customs Policy recommended the bill for second reading and adoption as a whole, with 20 members voting in favor. Under that text, the National Securities and Stock Market Commission (NSSMC) would be the crypto market’s main regulator, while the NBU would oversee electronic money tokens. The rules would apply from July 1, 2027 .

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