Friday, April 22, 2022
HomeBitcoinUkraine Bans Bitcoin Purchases With Nationwide Forex

Ukraine Bans Bitcoin Purchases With Nationwide Forex



  • The Ukrainian central financial institution has banned bitcoin purchases with the nationwide fiat foreign money.
  • The financial institution stated the transfer seeks to stop “unproductive” capital outflows in a bid to protect the well being of the nation’s FX market.
  • Along with cryptocurrency buys, the brand new guidelines additionally goal digital pockets deposits, FX transactions and journey funds.

The Ukrainian central financial institution is now prohibiting residents from buying bitcoin with the native fiat foreign money, the hryvnia (UAH), because it makes an attempt to curb capital outflows underneath martial legislation.

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