Thursday, September 28, 2023
  • Login
EthozEdge
No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
Cryptocurrency Marketcap
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
EthozEdge
No Result
View All Result
Home Crypto News Crypto Regulation News

Ukraine’s central bank bans use of UAH in crypto purchases

by ethozedge
April 22, 2022
in Crypto Regulation News
Reading Time: 1 min read
A A
0
Share on FacebookShare on Twitter


  • The National Bank of Ukraine said the move is intended to prevent an unproductive outflow of capital.
  • Crypto purchases can only be completed using foreign currency, with monthly restrictions of 100,000 Ukrainian hryvnia per individual.

Ukraine’s central bank has banned the use of the local currency hryvnia in the purchase of cryptocurrency, according to a news release on Thursday.

Per the announcement, the National Bank of Ukraine made the move as part of efforts meant to restrict the unproductive outflow of capital during this time of war.

The ban means no cross-border transactions involving citizens, a measure taken in line with martial law that has been in place since Russia’s invasion in February.

Only foreign currency

According to the central bank, those seeking to buy cryptocurrencies will only be allowed to do so using foreign currency. All crypto purchases have now been limited to UAH 100,000 (Ukrainian hryvnia) per month (roughly $3,400 as per current rates).

The National Bank has also allowed a similar amount (UAH 100,000 per month) in cross-border P2P transfers as part of supporting IDPs from Ukraine. However, the transactions must be made from bank accounts the individuals opened with the Ukrainian national currency.

As well as crypto, the bank has designated topping up of electronic wallets, forex or brokerage accounts and payment of traveller’s checks as ‘quasi cash transactions.”

The measures are also meant to bolster the foreign exchange market, the central bank said. It’s also targeted at “reducing pressure on Ukraine’s international reserves.”



Source link

Tags: Bankbansbitcoin newsCentralCryptocrypto analysiscrypto newsEthoz EdgeLatest bitcoin newslatest crypto newspurchasesUAHUkraines
Share76Tweet47

Related Posts

Nomura Bank’s Laser Digital receives approval for operations in Abu Dhabi

by ethozedge
September 27, 2023
0

Key takeaways Laser Digital can now operate in Abu Dhabi Laser Digital, the digital assets arm of Japan’s Nomura Bank,...

Coinbase secures registration with the Bank of Spain

by ethozedge
September 23, 2023
0

Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant crypto...

Binance could delist multiple stablecoins as MiCA takes effect next year

by ethozedge
September 21, 2023
0

Key takeaways Binance to delist  multiple stablecoins A Binance executive has warned that the cryptocurrency exchange could delist multiple stablecoins...

New UK bill to seize stolen crypto reach final approval stage

by ethozedge
September 19, 2023
0

Key takeaways The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities...

Hong Kong warns that crypto firms are not “banks”

by ethozedge
September 15, 2023
0

Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks...

Load More
  • Trending
  • Comments
  • Latest

🔴 Bank of America Bets on Crypto

April 11, 2022

Pomelo Launches Family Credit Cards to Combine Credit and International Money Transfer

August 16, 2022

How to Add Polygon (MATIC) to Your MetaMask Wallet

May 28, 2022

The Sandbox Price Prediction 2022-2030: HODL or DUMP?

May 25, 2022

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

0

At least 54 apes were stolen in BAYC Instagram hack

0

Binance Introduces New Crypto Card for Ukrainian Refugees

0

55,000 Meta Cricket League NFTs sell out in nine minutes

0

JPMorgan, Citi Among Banking Giants Abuzz About Tokenization of Real-World Assets (RWA) as DeFi Craves Collateral

September 28, 2023

Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million

September 28, 2023

Marathon Digital Admits to Mining an Invalid Bitcoin Block

September 28, 2023

What Is Toncoin (TON)? Everything You Need To Know

September 28, 2023
Facebook Twitter LinkedIn Tumblr RSS
EthozEdge

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at EthozEdge

CATEGORIES

  • Altcoin News
  • Avalanche Network
  • Binance Smart Chain
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Regulation News
  • DeFi
  • Ethereum
  • EVM News
  • Fantom Opera Chain
  • Harmony Chain
  • Huobi Eco Chain
  • Metaverse
  • NFT
  • Polygon Chain
  • Scam News
  • Web 3.0
  • XDai Chain

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,125.003.41%
  • ethereumEthereum(ETH)$1,659.953.96%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$215.481.99%
  • rippleXRP(XRP)$0.510.96%
  • usd-coinUSDC(USDC)$1.000.03%
  • staked-etherLido Staked Ether(STETH)$1,658.613.94%
  • cardanoCardano(ADA)$0.2498092.28%
  • dogecoinDogecoin(DOGE)$0.0615161.78%
  • solanaSolana(SOL)$19.754.22%
  • ToncoinToncoin(TON)$2.255.32%
  • tronTRON(TRX)$0.0864151.53%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.020.37%
  • polkadotPolkadot(DOT)$4.092.35%
  • matic-networkPolygon(MATIC)$0.523.74%
  • litecoinLitecoin(LTC)$65.312.70%
  • bitcoin-cashBitcoin Cash(BCH)$239.004.25%
  • chainlinkChainlink(LINK)$7.943.69%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,147.003.69%
  • shiba-inuShiba Inu(SHIB)$0.0000071.46%
  • daiDai(DAI)$1.000.04%
  • true-usdTrueUSD(TUSD)$1.000.12%
  • leo-tokenLEO Token(LEO)$3.66-0.86%
  • uniswapUniswap(UNI)$4.445.25%
  • avalanche-2Avalanche(AVAX)$9.273.77%
  • stellarStellar(XLM)$0.1137501.20%
  • moneroMonero(XMR)$145.87-0.14%
  • okbOKB(OKB)$43.241.10%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.000.02%
  • ethereum-classicEthereum Classic(ETC)$15.873.87%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.162.35%
  • hedera-hashgraphHedera(HBAR)$0.0497631.12%
  • filecoinFilecoin(FIL)$3.303.25%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.6110.48%
  • makerMaker(MKR)$1,529.434.25%
  • internet-computerInternet Computer(ICP)$3.084.56%
  • crypto-com-chainCronos(CRO)$0.0504840.88%
  • quant-networkQuant(QNT)$90.172.64%
  • MantleMantle(MNT)$0.3970892.60%
  • AptosAptos(APT)$5.381.91%
  • vechainVeChain(VET)$0.0168692.97%
  • ArbitrumArbitrum(ARB)$0.899.11%
  • optimismOptimism(OP)$1.324.13%
  • nearNEAR Protocol(NEAR)$1.103.11%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • KaspaKaspa(KAS)$0.0471760.94%
  • aaveAave(AAVE)$66.7510.45%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,798.803.95%
  • BitDAOBitDAO(BIT)$0.592.96%
  • the-graphThe Graph(GRT)$0.0873962.45%
  • algorandAlgorand(ALGO)$0.0979413.67%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$5.18-0.17%
  • usddUSDD(USDD)$1.000.20%
  • blockstackStacks(STX)$0.4858136.78%
  • xdce-crowd-saleXDC Network(XDC)$0.0491000.27%
  • immutable-xImmutableX(IMX)$0.582.53%
  • havvenSynthetix Network(SNX)$2.081.57%
  • fraxFrax(FRAX)$1.000.10%
  • elrond-erd-2MultiversX(EGLD)$24.824.92%
  • theta-tokenTheta Network(THETA)$0.642.67%
  • sapphireSapphire(SAPP)$0.7035.32%
  • eosEOS(EOS)$0.572.48%
  • radixRadix(XRD)$0.0629101.67%
  • Bitget TokenBitget Token(BGB)$0.4569231.66%
  • the-sandboxThe Sandbox(SAND)$0.3057981.66%
  • tezosTezos(XTZ)$0.672.56%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • bitcoin-cash-svBitcoin SV(BSV)$32.162.61%
  • injective-protocolInjective(INJ)$7.272.26%
  • axie-infinityAxie Infinity(AXS)$4.531.99%
  • thorchainTHORChain(RUNE)$1.9311.68%
  • render-tokenRender(RNDR)$1.533.69%
  • decentralandDecentraland(MANA)$0.2987961.92%
  • fantomFantom(FTM)$0.1896831.82%
  • neoNEO(NEO)$7.342.70%
  • marumaruNFTmarumaruNFT(MARU)$0.25242622.62%
  • kavaKava(KAVA)$0.632.50%
  • gatechain-tokenGate(GT)$3.66-5.19%
  • ecasheCash(XEC)$0.0000252.54%
  • paxos-standardPax Dollar(USDP)$1.000.02%
  • compound-ethercETH(CETH)$33.343.93%
  • flowFlow(FLOW)$0.4494431.94%
  • pax-goldPAX Gold(PAXG)$1,873.45-0.40%
  • binaryxBinaryX(BNX)$165.94-5.94%
  • tether-goldTether Gold(XAUT)$1,867.57-0.61%
  • curve-dao-tokenCurve DAO(CRV)$0.521.06%
  • Halo CoinHalo Coin(HALO)$0.057352-0.04%
  • kucoin-sharesKuCoin(KCS)$4.592.41%
  • convex-crvConvex CRV(CVXCRV)$1.47183.77%
  • apecoinApeCoin(APE)$1.208.15%
  • frax-shareFrax Share(FXS)$5.953.57%
  • Frax EtherFrax Ether(FRXETH)$1,656.194.13%
  • rocket-poolRocket Pool(RPL)$22.031.14%
  • iotaIOTA(MIOTA)$0.1526622.88%
  • Rollbit CoinRollbit Coin(RLB)$0.12593316.76%
  • chilizChiliz(CHZ)$0.0584522.23%
  • Tokenize XchangeTokenize Xchange(TKX)$4.861.96%
  • First Digital USDFirst Digital USD(FDUSD)$1.000.23%
  • huobi-tokenHuobi(HT)$2.42-0.07%
  • terra-lunaTerra Luna Classic(LUNC)$0.0000651.75%
  • mina-protocolMina Protocol(MINA)$0.3766091.82%
  • bittorrentBitTorrent(BTT)$0.0000001.44%
  • klay-tokenKlaytn(KLAY)$0.1137501.47%
  • galaGALA(GALA)$0.0135292.50%
  • DogechainDogechain(DC)$0.001787-24.98%
  • casper-networkCasper Network(CSPR)$0.0314221.31%
  • SuiSui(SUI)$0.4496714.20%
  • dydxdYdX(DYDX)$1.943.78%
  • gmxGMX(GMX)$37.575.76%
  • compound-governance-tokenCompound(COMP)$49.6923.02%
  • Coinbase Wrapped Staked ETHCoinbase Wrapped Staked ETH(CBETH)$1,736.363.73%
  • trust-wallet-tokenTrust Wallet(TWT)$0.782.69%
  • Nexus MutualNexus Mutual(NXM)$47.593.63%
  • nexoNEXO(NEXO)$0.570.65%
  • Staked Frax EtherStaked Frax Ether(SFRXETH)$1,754.214.04%
  • apenftAPENFT(NFT)$0.0000000.59%
  • dashDash(DASH)$26.992.40%
  • PepePepe(PEPE)$0.000001-0.13%
  • CyberHarborCyberHarbor(CHT)$10.12-49.84%
  • gemini-dollarGemini Dollar(GUSD)$1.000.15%
  • woo-networkWOO Network(WOO)$0.1670872.46%
  • WEMIXWEMIX(WEMIX)$0.92-1.85%
  • zilliqaZilliqa(ZIL)$0.0170882.35%
  • safemoonSafeMoon [OLD](SAFEMOON)$0.0000000.05%
  • arweaveArweave(AR)$4.253.26%
  • 1inch1inch(1INCH)$0.2688004.51%
  • Shib Original VisionShib Original Vision(SOV)$0.00000012.40%
  • FlareFlare(FLR)$0.010886-0.46%
  • pancakeswap-tokenPancakeSwap(CAKE)$1.172.05%
  • conflux-tokenConflux(CFX)$0.1257212.87%
  • gnosisGnosis(GNO)$100.913.68%
  • basic-attention-tokenBasic Attention(BAT)$0.1741833.51%
  • liquity-usdLiquity USD(LUSD)$0.990.13%
  • AstarAstar(ASTR)$0.0488604.86%
  • IdeaChainIdeaChain(ICH)$4.730.00%
  • ftx-tokenFTX(FTT)$1.89-21.52%
  • Crypto Gladiator LeagueCrypto Gladiator League(CGL)$0.16194440.57%
  • Utility Web3ShotUtility Web3Shot(UW3S)$0.4725710.00%
  • convex-financeConvex Finance(CVX)$3.080.20%
  • flex-coinFLEX Coin(FLEX)$2.48357.01%
  • huobi-btcHuobi BTC(HBTC)$26,956.002.82%
  • tomiNettomiNet(TOMI)$3.270.03%
  • SafePalSafePal(SFP)$0.571.82%
  • WorldcoinWorldcoin(WLD)$1.792.67%
  • bitcoin-goldBitcoin Gold(BTG)$13.391.73%
  • qtumQtum(QTUM)$2.244.07%
  • illuviumIlluvium(ILV)$39.852.69%
  • Manchester City Fan TokenManchester City Fan Token(CITY)$11.87-1.78%
  • oec-tokenOKT Chain(OKT)$13.042.44%
  • nemNEM(XEM)$0.0258322.99%
  • chiaChia(XCH)$26.951.73%
  • celoCelo(CELO)$0.4535072.60%
  • world-mobile-tokenWorld Mobile Token(WMT)$0.2920233.33%
  • compound-usd-coincUSDC(CUSDC)$0.0230710.05%
  • escoin-tokenEscoin(ELG)$2.710.42%
  • fetch-aiFetch.ai(FET)$0.2182383.55%
  • mx-tokenMX(MX)$2.264.21%
  • Meerkat SharesMeerkat Shares(MSHARE)$11,715.17-5.03%
  • DeFiChainDeFiChain(DFI)$0.2982372.62%
  • ecomiECOMI(OMI)$0.0008270.82%
  • compound-usdtcUSDT(CUSDT)$0.0190980.00%
  • enjincoinEnjin Coin(ENJ)$0.2229451.00%
  • singularitynetSingularityNET(AGIX)$0.1801662.77%
  • Staked LunaStaked Luna(STLUNA)$88.35-0.49%
  • loopringLoopring(LRC)$0.1758412.68%
  • mask-networkMask Network(MASK)$2.664.25%
  • tether-eurtEuro Tether(EURT)$1.060.71%
  • SeiSei(SEI)$0.1202453.32%
  • Bone ShibaSwapBone ShibaSwap(BONE)$0.84-3.12%
  • decredDecred(DCR)$13.583.02%
  • theta-fuelTheta Fuel(TFUEL)$0.0334241.71%
  • oasis-networkOasis Network(ROSE)$0.0416472.87%
  • Access ProtocolAccess Protocol(ACS)$0.002065-3.42%
  • zcashZcash(ZEC)$26.400.80%
  • heliumHelium(HNT)$1.441.05%
  • Ankr Staked ETHAnkr Staked ETH(ANKRETH)$1,925.73-2.13%
  • aragonAragon(ANT)$5.103.92%
  • terra-luna-2Terra(LUNA)$0.530.51%
  • justJUST(JST)$0.0226402.54%
  • telosTelos(TLOS)$0.76-4.60%
  • CoinmetroCoinmetro(XCM)$0.66506.72%
  • olympusOlympus(OHM)$11.420.97%
  • ethereum-name-serviceEthereum Name Service(ENS)$7.582.68%
  • Aleph ZeroAleph Zero(AZERO)$0.801.99%
  • ankrAnkr Network(ANKR)$0.0193671.86%
  • osmosisOsmosis(OSMO)$0.3129772.46%
  • SifchainSifchain(EROWAN)$0.154725-4.65%
  • moonbeamMoonbeam(GLMR)$0.247259-4.82%
  • BeldexBeldex(BDX)$0.0334041.84%
  • biconomyBiconomy(BICO)$0.28284339.34%
  • FUBT TokenFUBT Token(FUC)$2.09-1.05%
  • akash-networkAkash Network(AKT)$0.848.49%
  • BolideBolide(BLID)$0.029333-6.99%
  • stepnSTEPN(GMT)$0.1540202.71%
  • holotokenHolo(HOT)$0.0010341.37%