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Ukraine-Based E-Bank to Enable BTC Trading Soon

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As the Ukrainian government starts laying the groundwork for cryptocurrency-related legislation, local online banking application Monobank has completed its pilot integration with a cryptocurrency trading platform.

Monobank co-founder Oleg Gorokhovsky said that the e-bank operates under the license of Universal Bank, which happens to be owned by the former central bank chief and ex-deputy prime minister of Ukraine, Sergey Tigipko.

As of August 2020, Monobank has reportedly gained more than 2.5 million customers.

Gorokhovsky voiced out his optimism regarding BTC earlier this year. Specifically, he stated that Tesla’s $1.5 million BTC purchase finally persuaded him to believe that BTC has a future after all. He also has revealed his sizable personal stake in BTC, speculating that BTC will reach $100,000 by 2022.

Last week, the Ukrainian parliament has passed a legislation regulating payment methods, which include the regulations of the nation’s central bank digital currency.

The post Ukraine-Based E-Bank to Enable BTC Trading Soon appeared first on SuperCryptoNews.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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