NBU warned Ukrainians from storing funds in Bitcoin

in #bitcoin7 years ago


The regulator recalled the uncertain status of Ukraine's crypto currency in Ukraine The National Bank of Ukraine does not recommend Ukrainians to keep funds in Bitcoin. This was broadcast on the UATV channel by Deputy Director of the Reform Strategy Department of the National Bank of Ukraine Ruslan Kravets. According to him, the regulator believes that the crypto currency is dangerous for the storage of personal funds of citizens of Ukraine, because its rate is unpredictable and has a strong volatility. "If we are talking about the storage of funds, I can say that it is dangerous: it is not regulated, exchange rates are incomprehensible and the volatility of this market is very high," Kravets explained. In addition, the official recalled that the legal status of crypto-currency in Ukraine has not yet been determined.


As was reported earlier, in order to develop a common position regarding the legal status of Bitcoin and its regulation, the National Bank intends to discuss these issues at the next meeting of the Financial Stability Board, which will be held at the end of August
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NBU just morons.

Yeah buy UAH, it's an example of stable currency.

This post has received a 2.55 % upvote from @booster thanks to: @hamzayousaf.

As crypto trader my personal openion they did good , because btc is not stable thats why need to invest wisly

yes btc not stable this time

Volitility and non-regularion of the market are why people are investimg in BTC. People are making money at this point. I don't expect banks like unregulated currencies. After all, how are they going to make money on it?

Upvoted! Thank you for sharing!

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