The national Bank of Ukraine has determined the status of cryptocurrency and does not recognize it neither a currency nor a payment instrument.
This was stated by Deputy Chairman of the national Bank Oleg Churiy Ukrainian Financial Forum.
“Global regulators do not see bitcoin as a threat because of their small volumes. They are only concerned about the fact that people can lose money by investing in the cryptocurrency, and fraud, which can be connected with this ” – he said.
According to him, the regulator has determined the status of the cryptocurrency.
“We can say that this is definitely not currency, because there is no Central Issuer. And we can not accept this means of payment”, – he said.
This position was supported also by the head of the National Commission on securities and stock market Timur Limp.
“There is no media coverage, no protection of investors ‘rights”, he added.
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