Ukrainians offered new cryptodistics, Bitcoin cards-FinTech
Ukrainians offered new cryptodistics, Bitcoin cards-FinTech
Together with the growing popularity of cryptocurrencies, the Ukrainians enjoy a growing range of related services and products. In addition to new options for buying and trading coins, crypto users in the country are offered two cards with which they can spend their digital currencies in shops and online.
Weex gives Ukrainians access to over 20 cryptocurrencies, promises cryptocarte
The crypto payment processor Wirex based in the UK has made it possible to buy and exchange cryptocurrencies on its platform. The company supports more than 20 cryptocurrencies, including large coins such as btc and eth as well as popular old coins like Doge.
Ukrainians can also do crypto savings accounts based on. Open defi products, wirex told forlog this week. These would return up to 16% compound interest to selected currencies, the provider explained and pointed out that interest rates can also be credited in the native WXT currency.
Weex also plans to issue his card to Ukrainian crypto holder to give you the opportunity to spend your coins for goods and services offered by local dealers who do not accept cryptocurrency directly. This will be possible through immediate conversion into Griwna. Ukrainians also receive a virtual card that you can add to Apple Pay and Google Pay.
The increasing popularity of cryptocurrencies has the Ukraine to a leader Authorities in Kyiv have taken steps to regulate the crypto room. According to the Wirex-CTO Ruslan Kolodyazhny, the company has long been planning to enter the Ukrainian market, as it considers this to be promising.
The British FinTech received a license from the British Financial Conduct Authority more than three years ago. Since then, his services of a growing interest of consumers have enjoyed. In the meantime, over 4 million people in 130 countries use their Mastercard and Visa cards.
The Ukrainian Monobank offers another Bitcoin card
Ukrainians can also expect similar products from domestic payment providers. Last month, the Ukrainian online banking platform Monobank announced that it is ready to publish its own cryptocurrency card. The company complained that it had been waiting for the approval of the Ukrainian National Bank for more than three months.
In October, the head of the currency authority, Kirill Shevchenko, announced that the Central bank had been contacted by commercial banks to The permission to issue cards that are connected to crypto wallets. However, he emphasized that the supervisory authority is still concerned about the risks and certain challenges associated with such transactions.
Ukraine still has to comprehensively regulate its cryptom market. Ukrainian parliament adopted the long-awaited law" on virtual asset "in early September, as the legislator agreed in the second and last reading. The law passed its first reading last December, after which it was revised and June again this year this year In the Werchowna Rada. At the beginning of October, however, President Volodymyr Selenskyj returned the law and called for further changes.
Do you expect the Ukrainian supervisory authorities to soften their attitude towards crypto -related products and services? Tell us in the comment area below.
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