Recently President of Ukraine Zelenskyy, bitcoin and the legalization of cryptocurrencies.Virtual Assets” billannounced that he had signed it.
While this news is evaluated positively by the crypto money industry, one of the local banks of Ukraine PrivatBank of customers national currency hryvnia announced that it is suspending Bitcoin purchases with
PrivatBank’s Bitcoin Ban!
Local news site Forklog According to the news, a spokesperson for en PrivatBank, one of the country’s largest commercial banks, said that this ban temporary stated that.
“We are acting on the order from the National Bank of Ukraine. If the current martial law in the country ends, the ban will be lifted.”
Forklog, bank customers’ bank accounts for a temporary period cryptocurrency wrote that they cannot send the national currency hryvnia to their accounts.
Binance Explained!
Regarding the ban Binance, the world’s largest cryptocurrency exchange also made a statement.
In the statement made by Binance Ukraine on Facebook, the following statements were included:
“From March 2022, PrivatBank will no longer support activities with UAH on cryptocurrency exchanges with no exceptions.
Such a decision could be made by any other bank at any time, so Binance customers are reminded and advised to use peer-to-peer (P2P) exchange services.”
ForkLog, Ukraine’s cryptocurrency exchange Kuna’s founder, Mikhail Chobanyan, He stated that “PrivatBank restriction does not affect the Ukrainian cryptocurrency exchanges market, users can deposit and withdraw hryvnia to Kuna” against the news of the ban.