• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Ukraine is taking into consideration piloting a digital currency to pay out staff members

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Paying staff members could be a appropriate very first pilot for a central financial institution digital currency now underneath growth.

Ukraine is considering piloting a digital currency to pay employees
Ukraine is taking into consideration piloting a digital currency to pay out staff members

Mikhail Fedorov, deputy prime minister of Ukraine and head of the country’s digital transformation ministry, unveiled a attainable original use situation for a central financial institution digital currency (CBDC). ) was planned by the nation.

Related articles

South Korea prepares to test digital currency for citizens

South Korea prepares to check digital currency for citizens

November 23, 2023
MT.  Gox will begin repaying debt in cash later this year

MT. Gox will commence repaying debt in money later on this yr

November 22, 2023

In a current interview published by Ukrainian media TSN, the minister unveiled concerns inside of the ministry to check CBDCs that use cryptocurrency to pay out staff members:

“Honestly, as one of the first pilots, we have a question about paying the staff of the Department for digital transformation into digital hryvnia.”

Mr. Fedorov produced these remarks arguing that the very first implementation of the digital hryvnia was centered on a compact and managed use situation rather than currently being distributed for payments. According to Fedorov, CBDCs will need to be managed to reduce misuse, consequently his phone to pay out staff members as a attainable pilot scheme for a nationwide digital currency.

As previously reported, Ukraine’s central financial institution obtained authorization to difficulty digital currency following the country’s legislature passed a new payment providers law.

The National Bank of Ukraine has been doing work on developing and issuing a digital currency in current many years. The Department of Digital Transformation also has important involvement in the CBDC area, collaborating with the Stellar Development Fund to create a widespread method for CBDC and digital assets in standard.

Using the CBDC to pay out government staff members is normally 1 of the pilot implementation techniques for nationwide digital currency tasks.

Indeed, between the couple of sovereign digital currencies currently in circulation, numerous tasks have been picked to pay out civil servants in the CBDC.

In June, China, 1 of the foremost nations in the CBDC sector, launched a blockchain-based mostly program for having to pay salaries in digital yuan.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: currencyDigitalemployeespaypilotingUkraine
Share76Tweet47

Related Posts

OORT DataHub Launches DeAI App on Binance Wallet

by shark
June 27, 2025
0

OORT DataHub integrates its DeAI dApp on Binance Wallet, reaching 486 million users.

World Liberty Financial Prepares WLFI Transferability Amid Rising Demand

by shark
June 27, 2025
0

World Liberty Financial to make WLFI tokens transferable, spurring institutional interest and market activity.

Metaplanet Surpasses Tesla in Bitcoin Holdings

by shark
June 27, 2025
0

Metaplanet Inc., a Japan-listed firm, eclipses Tesla Inc. in Bitcoin holdings with a strategic acquisition, impacting market sentiment and stock...

Binance Delists Five Tokens, Ending Spot Trading Soon

by shark
June 27, 2025
0

Binance will end spot trading for tokens ALPHA, BSW, KMD, LEVER, and LTO based on an official announcement.

Deribit and SignalPlus Launch $300K Trading Contest

by shark
June 27, 2025
0

Deribit and SignalPlus announce a $300,000 USDC crypto trading competition from June 26 to July 31, 2025.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • OORT DataHub Launches DeAI App on Binance Wallet
  • Qubetics Nears $0.40 Listing as Solana and Avalanche Shift During Ceasefire – Next Bull Run Crypto?
  • World Liberty Financial Prepares WLFI Transferability Amid Rising Demand
  • Metaplanet Surpasses Tesla in Bitcoin Holdings
  • Binance Delists Five Tokens, Ending Spot Trading Soon
  • Deribit and SignalPlus Launch $300K Trading Contest
  • Metaplanet Acquires 1,234 BTC Amid Profitable Strategy
  • Binance Bitcoin Inflows Drop Over 50% Below Average
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7