The G7 ambassadors' group has taken note of the National Bank of Ukraine's remarks on draft law No. 10225-d.
The statement emphasized the importance of financial stability, transparency, and the independence of the NBU.
In early November, the parliamentary committee supported the document, but the National Bank did not approve its current version.
The support group of the ambassadors of the "Group of Seven" (G7) countries in Ukraine reacted to the NBU's position on draft law No. 10225-d on regulating the circulation of virtual assets.
The G7 takes note of the NBU’s position on the draft law on virtual asset circulation. Preserving financial stability, transparency and the independence of the NBU remains critical to Ukraine’s economic resilience and the effectiveness of international support.
— G7AmbReformUA (@G7AmbReformUA) November 7, 2026
"The G7 takes note of the NBU's position on the draft law on virtual asset circulation. Preserving financial stability, transparency and the independence of the NBU remains critical to Ukraine's economic resilience and the effectiveness of international support," the message reads.
Disputes surrounding the draft law
In early November, the Verkhovna Rada of Ukraine Committee on Finance, Tax and Customs Policy supported draft law No. 10225-d on regulating the virtual assets market. According to committee chairman Yaroslav Zhelezniak, the document was supported by 20 members.
The Verkhovna Rada Committee supported the draft law on regulating the crypto market in Ukraine
However, the National Bank of Ukraine did not support the current version of the draft law. The regulator stated that the proposed provisions create risks for financial stability and competition.
Among the NBU's remarks is the need to strengthen control over foreign tokens and establish transparent rules for authorizing trading platform operators.
At the same time, the National Securities and Stock Market Commission supported the document and called on the Verkhovna Rada to adopt it in the second reading as soon as possible.
Consideration of the draft law in the second reading is scheduled for November. If adopted, the new rules are to take effect on July 1, 2027.
On November 9, Yaroslav Zhelezniak noted that the document will not be considered during the current plenary week.
According to him, this is due to the fact that after committee hearings, the lengthy 270-page text was sent to Verkhovna Rada lawyers for detailed review. Zhelezniak emphasized that the volume of the document creates many purely legal nuances, and the specialists' remarks concern primarily legislative technique rather than the substance of the decisions.
In addition, the MP agreed with the remarks received from the National Bank of Ukraine and confirmed the expediency of taking them into account. Finalizing the text will require another week, after which the MP expects to bring the draft law up for final approval during the next plenary week.
