The Ukrainian monobank has not been able to launch a Bitcoin card for three months due to the reluctance of the National Bank to approve the finished product.
One of the founders of monobank, Oleg Gorokhovsky, shared the degree of readiness of the company’s projects.
For the first time about the readiness of the monobank bitcoin card statedin July. At the same time, the bank announced integration with a crypto exchange.
However, the position of Ukrainian regulators has not changed since then and they continue to consider cryptocurrency transactions highly risky.
Perhaps the delay in NBU approval is also related to return to finalize the law “On Virtual Assets” in September of this year.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Morgan Stanley increased its position in the Grayscale Bitcoin trust
One of the funds of the US banking giant increased investments in Bitcoin to 1% of all managed assets, through shares of the Grayscale Bitcoin Trust.
The first bonds on the blockchain will be issued by an Australian bank
CBA, one of Australia's largest banks, will issue bonds on behalf of the World Bank that will be created, transferred and managed through a blockchain platform.
