Russiaof UkraineThe invasion of .
In such a crisis, we have seen that people who do not want to be affected by the economic measures to be taken by governments turn to cryptocurrencies to hide their money. In addition, cryptocurrencies again played a critical role in Ukraine’s fundraising and receiving critical supplies.
While Russia’s invasion of Ukraine increased the importance of cryptocurrencies on the agenda, a statement came from the Central Bank of Ukraine on digital currency studies yesterday.
In the press release, it was stated that a meeting was held with banks, financial institutions and representatives of the cryptocurrency market for the development of Ukraine’s official currency, the hryvnia.
It was stated that the bank, which has been conducting research on CBDC since 2017, continues to examine usage scenarios.
“Like most central banks in the world, the Central Bank of Ukraine will approach the issue of issuing its own digital currency cautiously, taking into account its potential impact on the financial system of the state.”
It was also stated that e-grivna could be one of the key elements for the virtual asset infrastructure in Ukraine.
President Zelensky signed into law the law allowing the CBDC to be issued in 2021.
About a month ago Tascombank Stellar (XLM) announced that it plans to test an e-grivna built on its network.
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