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National Bank of Ukraine Rejects Crypto Regulation Proposal
The National Bank of Ukraine has rejected a proposed regulation (№ 10225-д) for the crypto market, citing risks to the hryvnia and financial system of Ukraine. The regulator is concerned that the document could allow for uncontrolled circulation of foreign tokens, create uneven conditions for market participants, and leave questions about the admission of trading forums to the National Court of Arbitration for Financial and Economic Disputes (НКЦПФР).