NBU does not recognize Bitcoin currency and means of payment

Global regulators are not concerned about any threat of cryptocurrencies due to their small volume, – according to the national Bank

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The national Bank of Ukraine decided on the status of Bitcoin as a result of not recognizing her neither a currency nor a payment instrument.

This was stated by the Deputy head of the NBU Oleg Churiy Ukrainian Financial Forum, according to Financial Club.

“We can say that it’s definitely not a currency, because there is no Central Issuer. And we can’t acknowledge this tender,” said Curi.

The national Bank also warns about the risks of fraud.

“Global regulators are not concerned about any threat of cryptocurrencies due to their small volume. They are only concerned about the fact that people can lose money (by investing in them, – ed.) and fraud, which can be with them,” said Curi.

This position was supported also by the head of the National Commission on securities and stock market Timur Limp.

“There is no media coverage, no protection of investors ‘rights”, he added.


Recall that the Swiss were allowed to pay taxes bitcoin.