The central bank in Ukraine said that digital assets can be regulated and regulated, but it cannot be used as a legal tendency. While the National Bank of Ukraine (NBU) opens the door to a compatible virtual asset market, it opposes recognition of any encrypted currency as a legal tendency.
President NBU Andrei Bishni said on August 7, 2025.
He added: “At the same time, this guidance entered into force only in January 2025 and provides a somewhat wide field for the appreciation of power and national organization.”
NBU emphasized that “red lines” about cash sovereignty, payment functions and circumvention of capital controls during the war.
“It is important for us that” red lines “are clearly observed,” said Bishni. “Virtual assets cannot be a way to pay, and in no way can undermine the effectiveness of our cash tools.”
He added: “There should be no transfer of monetary forces and does not undermine the capabilities of the National Bank due to the legalization of virtual assets.”
The cryptocurrency will not become a way to pay in Ukraine – this is the National Bank "Red line"The main central banker said.
—Dear Bank of Ukraine, here you go
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Ukraine has a huge OTC market. No one can close it.
– Thefuzstone (Thefuzzstone) August 7, 2025
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“We should not undermine the legal assets of our effectiveness in ensuring financial monitoring.”
According to PYSHNY, the legislation in the field of Crypto should implement the standards of the International Financial Labor Squad (FATF) and relevant European regulations. He wiped, “The shadow sector should not nourish.”
Moreover, suggested that the ideal solution would be if the legalization of virtual assets would allow the market to get rid of.
He added: “This means that we may need a broader discussion – what will encourage exactly the presentation of those virtual assets that are already present and owned today.”
KYIV also actively maintains HRYVNIA priority, testing a central bank of the Central Bank (CBDC), and E-Hryvnia.
Explore: Ukraine proposes amendments to the law to include digital assets in the national strategic reserve
Ukraine proposes amendments to the law to include digital assets in the national strategic reserve
On June 10, 2025, Ukraine submitted a draft law amending the law regarding the inclusion of virtual assets in gold reserves and foreign soldiers. The proposed amendments will allow the inclusion of digital assets such as Bitcoin in the country’s reserves. It is worth noting that the country is moving somewhat quickly to establish its encryption.
This comes days after Yaroslav Zhelezniak, a Ukrainian legislator who helps in overseeing the country’s financing and tax policy, announced the intention of the encryption reserves.
“We, as members of Parliament, believe that this step will help integrate Ukraine in global financial innovation.” “The sound management of encryption reserves can enhance total economic stability and cancel new opportunities for digital economic growth.”
Discover: The best new encrypted currencies for investment in 2025
Main meals
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Ukraine was one of the most encrypted countries forward, with high al -Qaeda’s dependence on transfers, donations and digital societies.
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The National Bank of Ukraine supports codification of encryption in a strong organizational framework. But NBU opposes recognition of any encrypted currency as a legal tendency.
The Central Bank of Ukraine says while supporting the legalization first on 99bitcoins.