Ukraine central bank now officially allowed to issue digital currency
Ukraine’s newly-signed law titled “On Payment Services” requires close cooperation between the National Bank of Ukraine and private startups in the payment market. The Ukrainian government is moving forward with its central bank digital currency (CBDC) plans, as the National Bank of Ukraine (NBU) is now officially authorized to issue a digital currency.Ukrainian President Volodymyr Zelenskyy has signed the law titled “On Payment Services,” officially enabling the country’s central bank to issue a CBDC, the digital hryvnia, according to a Thursday announcement.The new law authorizes the NBU....
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