hryvnia – DIGIT INFO

Binance to Restrict Ukrainian Hryvnia Operations Via 2 Payment Providers

DIGIT — Wed, 15 Mar 2023 13:00:26 +0000

Crypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade on Cryptocurrency Exchange Binance The world’s leading digital asset exchange in […]

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Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

DIGIT — Sun, 05 Mar 2023 05:00:28 +0000

Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media. Ukrainians Unable to Trade Crypto Assets Using Cards in National Currency The world’s largest crypto exchange, Binance, and a leading Ukrainian […]

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Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

DIGIT — Wed, 15 Feb 2023 05:00:08 +0000

Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch Digital Hryvnia Sooner Than […]

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National Bank of Ukraine Unveils E-hryvnia Concept

DIGIT — Thu, 01 Dec 2022 08:30:01 +0000

The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s Monetary Authority Introduces Banks and Businesses to E-hryvnia Project The National Bank of Ukraine (NBU) […]

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Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

DIGIT — Sun, 24 Jul 2022 06:00:23 +0000

The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency […]

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Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

DIGIT — Mon, 28 Feb 2022 14:49:45 +0000

Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant […]

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Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average

DIGIT — Sat, 26 Feb 2022 20:30:14 +0000

After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing […]

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Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault

DIGIT — Thu, 24 Feb 2022 20:30:37 +0000

The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military offensive. National Bank of Ukraine Restricts Hryvnia Withdrawals, Fixes Exchange […]

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USDT premiums soar on Ukraine’s Kuna exchange

DIGIT — Thu, 24 Feb 2022 20:13:32 +0000

The last time USDT premiums spiked so suddenly on Kuna was during the initial stages of the COVID-19 pandemic in 2020.

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Twitter users ask Ukrainian armed forces to start accepting crypto donations

DIGIT — Thu, 24 Feb 2022 16:00:00 +0000

Ukraine’s Ministry of Defense claims it has received numerous requests from foreigners to donate to its Armed Forces, but it cannot accept crypto proceeds.

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