NBU's acting head says not against possession of bitcoins by Ukrainians

Acting head of the National Bank of Ukraine (NBU) Yakiv Smolii says he is not a fan of cryptocurrencies, but he does not mind if other Ukrainians take a great interest in them.

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"I do not have bitcoins. Yet, I don't mind if others have them," Smolii said at a meeting with business representatives of the European Business Association on December 15.

Read alsoCryptocurrency hits the high seas as Ukrainian shipping company accepts Bitcoin – mediaHe noted that the issue had not yet been regulated by law. However, the central bank does not consider a ban on the use of cryptocurrencies in Ukraine.

Earlier, on November 30, representatives of Ukraine's financial market regulators, namely the National Bank, the National Securities and Stock Market Commission, and the State Commission for Regulation of Financial Services Markets of Ukraine said at a joint briefing that they were continuing work on determining the legal status of cryptocurrencies in Ukraine, but warned of high risks of operations with them.

UNIAN memo. Bitcoin is one of the most popular cryptocurrencies, which can be used to pay for goods or services from sellers who are ready to accept it. It does not have a single emission center, and its release is possible at random by any client of the system.

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