The Group of Seven (G7) ambassadors has taken note of the National Bank of Ukraine’s position on the bill regulating the circulation of virtual assets.
This was reported by the G7 Ambassadors’ Support Group in Ukraine on the social network X.
“The G7 Group takes note of the NBU’s position on the bill on the circulation of virtual assets. Ensuring the NBU’s financial stability, transparency and independence remains extremely important for Ukraine’s economic resilience and the effectiveness of international support,” the statement said.
Context
The European Union’s representative in Ukraine, Katarína Mathernová, said that the NBU’s independence is one of the key foundations not only of monetary sovereignty, but of the state’s overall sovereignty.
According to her, the law clearly defines the grounds for the early dismissal of the NBU Governor, and the rule of law is one of the key requirements for Ukraine’s accession to the EU. Mathernová stressed that the regulator’s independence is crucial for financial stability.
Earlier, on 3 November, MP Yaroslav Zhelezniak reported that the agenda circulated to MPs included consideration of Andriy Pyshnyy’s resignation. He noted that staffing matters are usually placed first, whereas this item was at the end. In his view, this demonstrates uncertainty over the issue.
The next day Andriy Pyshnyy said that he had not submitted any resignation letters and did not plan to do so “under pressure”. Pyshnyy recalled that, under the law, the Governor of the National Bank of Ukraine serves a seven-year term, and there is an exhaustive list of grounds for early dismissal. He believes that now, as the issue of his resignation has once again appeared in the public domain “against the backdrop of prolonged political pressure, manipulation, a targeted and co-ordinated discreditation campaign, what is being tested is not someone’s willingness to leave office, but the real effectiveness of protective mechanisms and safeguards, and the state’s ability to adhere to the rules set out in law”.
Pyshnyy also denies having influenced the appointment of Supervisory Board adviser Vasyl Veselyy. Ukrainska Pravda wrote that Veselyy and one of the suspects, Oleksandr Tsukerman, discussed candidates for the Supervisory Board of Sense Bank. The process of appointing the Supervisory Board should be independent.