Ukraine’s Central Bank Warns Crypto Bill Threatens Financial Stability
The National Bank of Ukraine (NBU) has rejected the current draft of legislation regulating virtual assets, citing risks to monetary sovereignty, financial stability and fair competition. NBU Raises Concerns Over Legislative Transparency The National Bank of Ukraine (NBU) has said it cannot support the current version…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Central bank
The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.
Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.
More about Central bankCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Finance
From the blog
Finchb Telegram Wallet Rewards Players with USDC and SOL for Flying
Finchb has launched Solana Bird, a game inside its Telegram wallet where players earn real USDC and SOL by flying…
Elara Winter4 min read
XRP Surges Past Bitcoin in South Korean Trading Volumes
XRP has surpassed Bitcoin to secure the top spot in 24-hour trading volume on South Korea's premier exchange, Upbit, amassing…
Elara Winter2 min read
Financial Expert Predicts Massive Wealth for XRP Investors
Cryptocurrency advocate Klaybrowning predicts that XRP could surge to $254 per token by mirroring its historic 2017 bull market performance,…
Elara Winter3 min read