Ukraine may soon legalise Bitcoin, according to Ukraine's Bitcoin Foundation (the National Bank of Ukraine), which says that BFU (NBU) is seriously looking into the possibilities of implementing Bitcoin’s technology into the financial system. the National Bank of Ukraine and NBU representatives reportedly met on 19th August to discuss the possible uses of Bitcoin and blockchain in the country's financial system, with attendees describing the talks as positive. The regulator may reportedly consider introducing a 'BitLicense', which would allow companies to utilise the currency, under certain circumstances and with regulatory restrictions; a similar system operates in New York.
Ukraine may soon legalise Bitcoin, according to Ukraine's Bitcoin Foundation (BFU), which says that the National Bank of Ukraine (NBU) is seriously looking into the possibilities of implementing Bitcoin’s technology into the financial system. BFU and NBU representatives reportedly met on 19th August to discuss the possible uses of Bitcoin and blockchain in the country's financial system, with attendees describing the talks as positive. The regulator may reportedly consider introducing a 'BitLicense', which would allow companies to utilise the currency, under certain circumstances and with regulatory restrictions; a similar system operates in New York.