We are hearing more and more about CBDCs (Central Bank Digital Currencies), and Ukraine is thinking about its future precisely with crypto assets as the protagonists.
According to reports from the Eastern European country’s Central Bank, the E-Grivna will be the state currency adopted for community exchanges as soon as the fine-tuning is completed.
The currency is being studied by the NBU (the National Bank of Ukraine) and is still in the embryonic stage but is set to become, once ready, the state currency that will be used and hopefully, usher in a long period of peace and prosperity.
At an ad hoc conference, the currency, despite not being finalized has already been presented in outline to an audience of representatives of banks and other financial institutions as well as cryptocurrency market participants to capture feedback.
The opinion of the expert audience will be valuable at this stage and will enable programmers and those conceptually studying the project to improve E-Grivna.