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Ukraine is considering legalizing crypto but won’t allow it for payments, says NBU Governor. The country also tests its digital currency, the e-hryvnia.

Ukraine Crypto Legalization On the Table But NBU Draws the Line at Payments

Ukraine might be the next country to join the crypto-friendly club, but it’s being very clear on its boundaries. The National Bank of Ukraine (NBU) is exploring ways to legalize crypto, but it has no plans to let Bitcoin or other tokens be used for payments.

NBU Draws the Red Line

In an interview with RBC-Ukraine, NBU Governor Andriy Pyshnyy said crypto might play a role in Ukraine crypto’s financial future just not as money. “Virtual assets cannot be a means of payment,” he said, explaining it could hurt the bank’s ability to control the economy, especially in times of war.

That means while crypto might become legal, it won’t replace the hryvnia, and definitely won’t be used to bypass currency controls during martial law.

UKRAINE CRYPTO: Playing by Global Rules

Pyshnyy also emphasized that any crypto law must follow FATF standards and align with EU regulations, with clear systems to track transactions and prevent illicit activity.

At the same time, the bank is testing its own CBDC, the e-hryvnia, in partnership with tech developers. This pilot will help shape future decisions as the NBU watches how other global banks like those in France, Singapore, and Germany are building their own digital currencies.

Interestingly, a draft law proposed in June could even allow the NBU to hold Bitcoin in its national reserves a sign that Ukraine crypto’s future is getting real.

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Ripple is making moves today, flexing both its M&A muscle and legal positioning. The company announced it’s acquiring Toronto-based Rail—a stablecoin payments platform—for a cool $200 million. The deal is expected to wrap up in Q4, pending approvals .

Ripple’s Expansion Sparks XRP Momentum

This acquisition is more than just flex. Rail handles about 10% of global stablecoin payments and adds virtual accounts and automated back-office tooling to Ripple’s stack. Combined with broader regulatory clarity—thanks to the new stablecoin law signed by President Trump—this signals Ripple’s strategic push into the stablecoin payments game .

The market’s vibing with the news too. XRP popped over 3%, breaking the $3 level on hopes that the long-running SEC case could finally wrap up. A joint status update is due August 15—if it signals the appeals are dropped, XRP’s regulatory overhang could vanish entirely .

TL;DR: XRP’s snagging of Rail is a smart infrastructure play amid a warming policy climate—and XRP’s rally reflects growing optimism that the SEC drama could be nearing a close.

YOU MIGHT ALSO LIKE: Indonesia Considers Bitcoin for National Reserves Amid Surging Crypto Growth

Litecoin (LTC) has surged back into the spotlight after an impressive double-digit rally in the past 30 days, recently climbing to $125—a level not tested since March 2025. This bullish run is fueled by speculation surrounding a potential LTC ETF and recent corporate accumulation of Litecoin by MEI Pharma.

Adding to its bullish fundamentals, CoinGate data reveals Litecoin is now the second-most used crypto for payments, holding 14.5% market share—a strong sign of real-world adoption.

Currently trading around $122.47 with intraday highs of $129.16, LTC is inching closer to the crucial resistance zone of $130–$136. The RSI sits at 70.28, signaling overbought conditions, yet healthy buying volume suggests strong accumulation. The MACD also shows a bullish crossover, further reinforcing upward momentum.

Historically, $136 has been a major resistance level. If LTC can sustain volume and close above $136, it could confirm a breakout toward new 2025 highs. However, failure to hold above $116 may trigger a pullback to $107 or $104.

With market sentiment turning bullish and Litecoin’s utility growing, all eyes are now on whether LTC can break the $136 psychological barrier.

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Indonesia may soon become the first Asian nation to incorporate Bitcoin into its national financial reserves, following a high-level discussion between Bitcoin Indonesia and officials from Vice President Gibran Rakabuming Raka’s office. The proposal aims to support long-term financial stability and strengthen the country’s role in digital asset adoption.

The conversation included bold projections of Bitcoin reaching $13M–$49M by 2045, and focused on sustainable Bitcoin mining as a way to contribute to national reserves using Indonesia’s abundant renewable energy sources like geothermal and hydroelectric power.

Education is also a key part of the plan. Officials emphasized the need for national Bitcoin literacy programs and highlighted job creation potential in renewable-powered mining facilities.

Indonesia is already a rising crypto hub, with over $40B in annual crypto transactions and more than 20 million users on licensed platforms—outnumbering stock market participants. In 2024, crypto tax revenues jumped 181%, hitting 620 billion rupiahs (~$38M).

The government recently hiked crypto exchange taxes, signaling growing regulatory involvement. If adopted, this Bitcoin reserve plan could set a precedent for other emerging economies looking to balance sustainability with decentralized finance.

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Dogecoin Stays Lit: Whales Go Hard on a Bounce

Dogecoin is showing life again. After dipping into the $0.194–$0.20 range, the price popped back above $0.20 today, riding a massive $200M whale accumulation spree over 1 billion DOGE moved into big wallets in the past 24 hours. Whales aren’t messing around they’re betting reused strength.

Why the Dogecoin Hype Is Real Right Now

Data from Tokenview and U.Today confirms that major holders pushed serious volume into DOGE during the dip. That’s classic smart-money behavior. Technical setup is tight, too: DOGE recently broke a descending channel and double-bottom around $0.20–$0.21. Futures and spot volume are up, sell pressure is low, and RSI/MACD momentum indicators are aligning bullish. All that suggests a possible run toward $0.25–$0.30 or more if alt-season heats up.

Still, volume is slightly down ($1.45B, −18%), and traders warn that a fall below $0.198 could open a slide toward $0.185.

CoinCodex and other prediction platforms see DOGE ranging between $0.20–$0.23 by early August, possibly reaching $0.30 later in the month. Long-term, forecasts vary: some models put DOGE around $0.29–$0.31 by end‑2025; others even project $0.60–$1 if market sentiment and ETF momentum build

TL;DR: DOGE is holding $0.20 for now, whales are buying hard, and technicals hint at breakout energy—if support holds.

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