One regulator would decide how many crypto exchanges Ukraine gets.

The National Bank of Ukraine warns that discretion risks market concentration and corruption.

The bank had agreed to cap the market at 3 operators initially, but the final draft leaves the first five years open.

The bill now goes to parliament for a second reading.

How each outlet framed it
CoinDesk leans critical
argues the bill's open-ended licensing of trading platforms risks monopolisation and corruption, and flags foreign tokens as a monetary-sovereignty threat

Sources: CoinDesk