G7 ambassadors take note of NBU position on virtual assets bill

G7 ambassadors take note of NBU position on virtual assets bill
G7 ambassadors take note of NBU position on virtual assets bill

The G7 ambassadors' support group in Ukraine published an official statement recording its reaction to the position of the National Bank of Ukraine. It concerns the regulator's stance on a bill aimed at regulating the circulation of virtual assets in the country.

Focus on financial stability and regulator autonomy

In their statement, the diplomats emphasised that the G7 countries had reviewed the National Bank's arguments. They underlined that preserving the NBU's independence, ensuring the transparency of its activities, and maintaining overall financial stability are of paramount importance for Ukraine's economic resilience and the effectiveness of international support.

"The G7 group takes note of the NBU's position on the bill regarding the circulation of virtual assets. Ensuring the financial stability, transparency, and independence of the NBU remains of paramount importance for Ukraine's economic resilience and the effectiveness of international support," the group's official statement reads.

Thus, international partners confirmed their attention to the virtual assets bill and emphasised that the central bank's independence is a critical factor for maintaining the country's economic resilience and the effectiveness of receiving international support.

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