In September 2017, a house was sold on the blockchain technology for the first time. The property is a flat…
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Ukraine To Use Blockchain To Support Transparency in Land Ownership
Unlike other countries that may believe the technology behind Bitcoin, Blockchain, is a “fraud” and may trigger financial crisis in…
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The National Bank of Ukraine eases interbank forex trading controls
The National Bank of Ukraine (NBU), the central bank of Ukraine and acting regulator has announced simplified rules governing trading…
Read MorePrivatBank launches prepaid products in Ukraine together with InComm
PrivatBank has announced it has partnered with the prepaid product and transaction services company InComm to launch prepaid products to…
Read MoreNational Bank of Ukraine relaxes some restrictions on FX transactions
Effective today, NBU increases the amount of Forex cash that individuals can withdraw from their accounts from UAH 15,000 to UAH 20,000 per day.
Read MoreTroubled broker Forex Trend tries to move clients to new company FT2
After losing its registration in New Zealand and being blacklisted in Russia, the company is asking clients to submit applications to move their funds to Forex Trend 2.
Read MoreNational Bank of Ukraine signs currency swap agreement with the People’s Bank of China
China makes further small step to enhance internationalization of RMB, funds received under the agreement will be used to finance commercial operations and direct investments between the two countries.
Read MoreIMF ready to throw Ukraine a lifeline
The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues
Read MoreBreaking news: Ukrainian central bank bans foreign currency purchases
The freefall of Ukraine’s national currency, the hryvnia, has been so drastic over the last few weeks that the nation’s central bank has imposed rulings which ban the purchasing of foreign currency for their clients
Read MoreUkraine’s Hryvnia falls more than 45% versus the USD
National Bank of Ukraine Governor Valery Gontareva stated that the central bank can no longer support the currency with regular interventions and will now begin to allow greater variations in value, a statement which initially created a 34% decrease in value compared to the dollar, before further free fall took the currency down by 45%
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