The Bitcoin card, which will allow clients of the Ukrainian monobank to carry out transactions with cryptocurrency, is ready and has been waiting for approval from the National Bank of Ukraine for three months. About this said the co-founder of the company Oleg Horokhovsky.
He noted that he was "very depressed" by the thoughtfulness of the regulator.
"Microfinance organizations that lend to Ukrainians at 100% per annum are OK for the NBU, but a cryptocurrency card causes concern. Everyone in the world already works with crypto - from PayPal to Visa, and in Ukraine, as always, there is a special way," said the co-founder of monobank.
According to ForkLog, the project is implemented in partnership with the WhiteBIT exchange.
In October, the head of the National Bank of Ukraine, Kirill Shevchenko, said that commercial banks had approached the regulator with a request to issue cryptocurrency cards. However, according to him, the regulator is concerned about "the issue of high risk of such operations, compliance with the necessary financial monitoring procedures."
As a reminder, on September 8, the Verkhovna Rada of Ukraine adopted the draft law "On virtual assets", regulating operations with cryptocurrencies on the territory of the country. However, later President Volodymyr Zelensky returned the document for reconsideration with his proposals. The updated document will be reviewed in the near future.