Ukraine suspends Hryvnia use on crypto exchanges

in crypto •  2 years ago 

Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges

Ukraine’s anti-crypto stance comes as a shock considering the country netted over $70 million in crypto donations since the start of the Russian-Ukrainian conflict.

But I'm sure that's a pittance compared to the real money laundering by state agents through perfectly legal banks in friendly jurisdictions.

Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience.

Binance reminded users about how peer-to-peer (P2P) services come in handy when trading cryptocurrencies.

Also,

“If we used the traditional financial system, it was going to take days [...] We were able to secure the purchase of vital items in no time at all via crypto, and what is amazing is that around 60% of suppliers were able to accept crypto, I didn’t expect this,” said Ukrainian deputy digital minister Alex Bornyakov on Feb. 24.

Sounds like a minister without portfolio now.

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  ·  2 years ago  ·  

smells
fishy