Cryptocurrency News

Ukraine bans Bitcoin purchases with local currency amid martial law

2022.04.22 14:01

Ukraine bans Bitcoin purchases with local currency amid martial law
Ukraine bans Bitcoin purchases with local currency amid martial law

The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases.

The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting individuals from buying cryptocurrencies like Bitcoin (BTC) with the national fiat currency, the hryvnia (UAH).

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