"Allowing Crypto As A Legal Tender Is A Red Line": Ukraine Central Bank
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3 Articles
“Virtual Assets Cannot be Means of Payments,“ Says Ukraine Central Bank While Backing Legalization
Ukraine’s central bank said that digital assets can be legalized and regulated, but they can’t be used as legal tender. While National Bank of Ukraine (NBU) is opening the door to a compliant virtual asset market, it is opposed to recognizing any cryptocurrency as legal tender. NBU Chairman Andriy Pyshny said on 7 August 2025, “When forming the legislative framework for the implementation of virtual assets, in view of European integration, we mu…
"Allowing Crypto As A Legal Tender Is A Red Line": Ukraine Central Bank
Ukraine’s central bank has outlined the country’s approach to crypto legalization. Andriy Pyshnyy, the Governor of the National Bank of Ukraine (NBU), asserted that while digital assets will be recognized, they will not be allowed to serve as legal tender. This move underscores Ukraine’s cautious stance on crypto despite global countries becoming more open to The post “Allowing Crypto As A Legal Tender Is A Red Line”: Ukraine Central Bank appear…
Parliament may consider legalizing crypto as early as next week - MP The draft law on virtual assets may be considered in the Verkhovna Rada on August 19. Document No. 10225-d, prepared by the committee, is awaiting discussion.
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