Ukraine central bank now officially allowed to issue digital currency

Cointelegraph

Published Jul 30, 2021 09:25AM ET

Updated Jul 31, 2021 11:20AM ET

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 a law titled On Payment Services, officially enabling the country’s central bank to issue a CBDC, the digital hryvnia, according to a Thursday announcement.

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