New bill in Ukraine to allow payments in cryptocurrency, says official

Cointelegraph

Published Aug 06, 2021 11:46AM ET

Updated Aug 08, 2021 02:00PM ET

A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government official claimed.

Deputy minister of Ukraine’s Ministry of Digital Transformation Oleksandr Bornyakov is confident that it would be “quite legal to pay with cryptocurrencies” in Ukraine through payment intermediaries that enable crypto-to-fiat conversions.

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