The Ukrainian government is planning to block bitcoin accounts used by separatists operating in the Eastern regions of Lugansk and Donetsk, reports suggest.
The chairman did not explain how the security service was planning to block the accounts.
In the meantime, Reddit users have fuelled speculation that Ukranian exchange website BTCTrade.com.ua may be inaccessible to domestic Internet users.
Confirmation, which has been loosely translated, came via Twitter: "We are under suspicion by Privatbank. We apologise for temporarily suspending payouts in Hryvnia."
is the largest commercial bank in the Ukraine.
The SBU defines itself as a special-purpose law-enforcement agency, and serves as the country's main agency in the areas of counterintelligence activity and combatting terrorism.
Ukraine's cash crisis
After President Viktor Yanukovych's removal from office and the subsequent eruption of violent demonstrations across the country, people rallied to campaign for funds.
Photos of protesters holding campaign signs to raise funds directly via bitcoin in Kiev's central square began to surface online. The insurgents were holding up QR codes, as part of a co-ordinated effort to collect instantaneous donations from everywhere in the world.
At press time, BTCTrade.com.ua and SBU had not responded to requests for comment.
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