On Monday (28 November 2022), National Bank of Ukraine (NBU), which is the central bank of Ukraine, talked about the potential benefits of “E-hryvnia”, an electronic form of the monetary unit of Ukraine.

According to the English translation (by Google) of NBU’s press release, yesterday, the NBU “presented to the representatives of banks, non-banking financial institutions and the virtual asset market for discussion and feedback the project of the concept of e-hryvnia.” In September 2022, NBU launched the e-hryvnia project with the aim of determining “the feasibility of a large-scale issue of a digital form of the hryvnia in Ukraine on the basis of conducted research.”

(by Siamak Masnavi)