Ukraine bans Bitcoin purchases with national currency

posted 4 months ago
Ukraine’s central bank is prohibiting Bitcoin buys with its local currency, the hryvnia (UAH)in an attempt to prevent what they call “unproductive” capital outflows.
The restrictions are not exclusive to Bitcoin. The new directives imposed by the Central Bank also cover a slew of asset purchases and “quasi cash” transactions, including replenishment of electronic wallets, brokerage or foreign exchange (FX) accounts and payment of traveler’s checks.
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