Ukraine's Central Bank Bans Crypto Purchases in Local Currency

2 years ago

Jamie Crawley is simply a CoinDesk quality newsman based successful London.

Ukraine's cardinal slope has banned the acquisition of cryptocurrency utilizing the country's section currency, invoking martial instrumentality which has been successful effect since the penetration by Russia.

  • Crypto purchases are classed arsenic "quasi currency transactions," which besides includes replenishment of physics wallets, brokerage oregon forex relationship and outgo of travellers cheque.

  • The measures are being taken "to forestall unproductive outflow of superior from the state nether martial law."

  • Ukraine formally legalized crypto successful the state past month, determining the ineligible status, classification, ownership and regulators of virtual assets to beryllium regulated by the National Commission connected Securities and the Stock Market.

  • At the time, Ukraine had received astatine slightest $100 cardinal successful crypto donations since the Russian invasion.

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Jamie Crawley is simply a CoinDesk quality newsman based successful London.

Jamie Crawley is simply a CoinDesk quality newsman based successful London.


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