April 30, 2024

The Central Bank of Ukraine has identified the options for using the digital hryvnia

The Central Bank of Ukraine has identified the options for using the digital hryvnia

The National Bank of Ukraine presented the results of a survey of market participantsregarding the potential demand for digital hryvnia.

The most promising option for a central bank digital currency (CBDC) of Ukraine would be a currency for retail non-cash payments. The National Bank of Ukraine came to this conclusion after surveying market participants.

The Central Bank of Ukraine has identified the options for using the digital hryvnia

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For example, according to respondents, peer-to-peer payments between individuals and e-commerce transactions would also be a priority.

In second place in popularity wasdigital hryvnia for social payments. Moreover, in this case, the state pays targeted social payments to citizens in the digital hryvnia. In addition, social currency can be programmed for specific purposes or specific times.

In last place was the digital hryvnia forsettlements on securities and other financial instruments. For example, citizens could gain direct access to the market of non-bank financial institutions, notes the National Bank of Ukraine.

Least of all respondents were interested in the following scenarios for using digital hryvnia:

  • For corporate settlements between legal entities.
  • For cross-border payments.
  • Profitable financial instrument.

However, the survey results do not yet mean thatThe National Bank of Ukraine will create exactly the CBDC that respondents spoke for. The regulator intends to continue studying the potential use of digital currency.

Let us recall that at the end of June the Council of the National BankUkraine called on the Cabinet of Ministers and the National Bank itself to speed up the preparation of bills to regulate cryptocurrencies. Moreover, the board of the National Bank was obliged to analyze how transactions with cryptocurrencies affect the activities of central banks by December 1, 2021.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

The Central Bank of Ukraine has identified the options for using the digital hryvnia

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