allegation
The draft law allows foreign tokens that can effectively perform the functions of electronic money but are not subject to corresponding regulation and supervision in their countries of issuance to enter the Ukrainian market, creating threats to monetary sovereignty, monetary policy transmission, payment infrastructure and financial stability.
A allegation by Національний банк. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Законопроєкт допускає вихід на український ринок іноземних токенів, які фактично можуть виконувати функції електронних грошей, але не підпадають під відповідне регулювання та нагляд у країнах емісії.
Discussion
Related claims
The National Bank should have the authority to assess the risks of such foreign tokens and, if necessary, restrict their circulation in Ukraine, similarly to its powers regarding tokens issued in Ukraine.НБУ · commitmentSimplified admission of foreign virtual assets should not allow circumvention of requirements established for analogous Ukrainian assets; otherwise there are risks of uncontrolled spread of certain virtual assets and formation of market segments that would effectively remain outside proper state supervision.НБУ · allegationThe document requires revision, in particular due to the National Bank of Ukraine's remarks on the admission of foreign stablecoins and the possible restriction of competition between crypto exchanges.post author · statementThe National Bank of Ukraine raised remarks regarding the admission of foreign stablecoins.post author · statementThe National Bank of Ukraine supports regulating the virtual assets market in Ukraine based on the European MiCA approach, international standards and IMF recommendations.Національний банк України · commitmentUkraine risks missing its window to pass anti-money laundering laws needed for European payment access.kyivindependent_official · prediction