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Ukraine Central Bank Refuses to Back Crypto Bill
Ukraine's National Bank has refused to support a crypto market bill that was cleared for a final vote by a parliamentary committee. The National Bank of Ukraine stated that the draft law on the circulation of virtual assets, recommended by the Verkhovna Rada Committee on Finance, Tax and Customs Policy, lacks safeguards on foreign tokens and platform licensing. The bank raised objections to the bill, which aims to put the crypto market under detailed rules similar to the European Union's Markets in Crypto-Assets regulation (MiCA).