Amid martial law, the National Bank of Ukraine (NBU) restricted purchases of the Bitcoin cryptocurrency.

As indicated by the financial institution, this seeks to prevent the outflow of capital in the midst of the war that is taking place with Russia.

Ukrainians are now allowed to buy bitcoin and other cryptocurrencies only with foreign currency, with total monthly purchases capped at $3,300. The corresponding limit also applies to international peer-to-peer transactions.

“Relevant changes will help improve the foreign exchange market, which is a necessary requirement for easing restrictions in the future, as well as reducing pressure on Ukraine’s international reserves“, the NBU wrote.

The need to carry out international transactions has grown, according to the Ukrainian institution, given that millions of citizens have been forced to leave their country.

According to the NBU, the Ukrainian government adopted the relevant changes as part of the resolution of the national bank council of April 20, 2022, which entered into force on Wednesday.

K. Tovar

Source: Cointelegraph

La entrada Ukraine restricts Bitcoin purchases apareció primero en Bitfinance.

The National Bank of Ukraine (NBU) is in search of a blockchain developer as published by the director of the NBU’s IT department, Vladimir Nagornyuk.

According to the job offer, the financial institution is looking for an expert in “the development, implementation and modification of infrastructure services and distributed systems.”

The central bank’s interest in hiring a blockchain specialist adds to other recent news coming from Ukraine’s CBDC project, the e-hryvnia. Last week, at a round table on the opportunities and risks of legalizing digital assets, Ukraine’s Deputy Minister of Digital Transformation Oleksandr Bornyakov mentioned the e-hryvnia pilot project that is underway.

This is not the first that the NBU has talked about its intentions to issue digital currency. Since 2016 the bank has been speaking about this fact and now the hiring of this expert could mean another important step to fulfill this.

K. Tovar

Source: Cointelegraph

La entrada National Bank of Ukraine seeks a blockchain expert apareció primero en Bitfinance.