Bitcoin
$42,451-4.71%
Ethereum
$2,903.62-6.55%
XRP
$0.941184-4.99%
Cardano
$2.30+0.23%
Polkadot
$31.18-3.24%
Stellar
$0.281670-5.59%
Dogecoin
$0.209949-6.17%
Chainlink
$23.32-6.31%
Uniswap
$19.78-6.42%
Cosmos
$42.15+3.34%
Algorand
$1.78-8.10%
Polygon
$1.12-6.34%
Litecoin
$153.21-5.62%
Bitcoin Cash
$514.79-5.65%
Wrapped Bitcoin
$42,450.51-4.64%
The Graph
$0.692129-11.82%
Filecoin
$62.73-14.50%
Tron
$0.092206-5.62%
Tezos
$7.36+15.40%
Ethereum Classic
$48.01-4.99%
Aave
$278.32-7.22%
Monero
$235.90-4.82%
NEO
$39.63-8.57%
EOS
$4.04-5.79%
IOTA
$1.25-8.15%
BitTorrent
$0.003280-5.44%
Bitcoin SV
$135.02-7.32%
Waves
$24.81+1.91%
Maker
$2,285.59-5.71%
Dash
$165.41-9.06%
Decred
$114.87-3.92%
Decentraland
$0.698086-8.32%
ICON
$1.57-10.42%
NEM
$0.148495-7.22%
Zcash
$110.60-8.51%
OmiseGO
$8.96-5.90%
Paxos Standard
$0.999564-0.69%
Ren
$1.09+4.03%
Yearn Finance
$29,480.00-3.82%
NuCypher
$0.278197-6.70%
Qtum
$9.86-7.75%
Bitcoin Gold
$53.08-4.36%
Basic Attention Token
$0.649541-6.46%
0x
$0.905130-8.81%
Fetch.ai
$0.781226-4.09%
Kava.io
$6.13+2.14%
Bancor
$3.44-6.11%
Siacoin
$0.015083-7.53%
Band Protocol
$7.37-9.22%
Nano
$4.79-4.28%
Loopring
$0.380010-6.26%
Civic
$0.464716-5.53%
Storj
$1.09-6.66%
Numeraire
$41.39-2.29%
Lisk
$2.95-4.15%
Orchid
$0.320741-7.95%
PAX Gold
$1,759.01-0.04%
Enzyme
$130.26-7.46%
Augur
$20.68-5.89%
Aragon
$4.75-5.19%
district0x
$0.148472-6.56%
Kyber Network
$1.45-6.82%
SingularDTV
$0.001276-7.15%
Tether
$1.00+0.04%
USD Coin
$1.00+0.05%
Dai
$1.00+0.04%

Ukraine's President Signs Law Allowing Central Bank to Issue a CBDC

The National Bank of Ukraine can now officially launch its own payment token.

Jul 30, 2021 at 3:08 p.m. UTC
Updated Sep 14, 2021 at 1:33 p.m. UTC

Ukrainian President Volodymyr Zelensky signed into a law a bill called On Payment Services that allows the country's central bank to issue a central bank digital currency (CBDC), an announcement on the president's official website said.

  • The bill regulates how payment services, especially digital ones, can be provided in Ukraine.
  • In particular, the bill says the National Bank of Ukraine, the country's central bank, can issue its own digital currency and create a testing environment for fintech startups.
  • On June 30, the bill was passed in Ukraine's national parliament, the Verkhovna Rada.
  • The National Bank of Ukraine (NBU) has been looking into potentially launching a CBDC since 2018. It built an early prototype on the Stellar blockchain and published a report on the subject in 2019.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...