According to a report by Cryptonews on August 8, Andriy Pyshnyy, the head of the National Bank of Ukraine (NBU), stated that he supports the legalization of Crypto Assets but does not support them as a means of payment. He emphasized that the legalization of Crypto Assets should not undermine the effectiveness of the Central Bank's monetary policy tools.



At the same time, Pyshnyy revealed that the NBU is testing the architecture model for digital currency (CBDC) and is preparing for a pilot project. Given Ukraine's European integration process, the NBU is particularly focused on the development of the digital euro project and has currently collaborated with the European Central Bank, the Deutsche Bundesbank, the National Bank of Belgium, the Bank of France, and the Monetary Authority of Singapore.
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