Categories: economy

The NBU said about the fate of bitcoin in Ukraine

As it turned out, the national Bank does not consider bitcoin a match for the local currency.

The national Bank of Ukraine has no plans to accept cryptocurrency payment.

This was stated by the Deputy head of the NBU Oleg Churiy during his speech, the Ukrainian Financial Forum.

“Global regulators are not concerned about any threat to cryptocurrencies because of their small volume. They are only concerned about the fact that people can lose money (by investing in them – Ed.) And fraud that can be associated with them,” said Curi.

“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 added.

Note that in some countries, transactions with Bitcoin is officially permitted and is treated as a purchase of an investment asset and will be taxable as transactions with the relevant asset.

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