National Bank of Ukraine: Bitcoin Not to Be Used for Payments

There are reports that the National Bank of Ukraine has issued a directive on its Facebook page banning not recognizing the use of Bitcoin for payments within the country. It remains to be seen if other States will begin following Ukraine's lead and begin issuing missives via Facebook post, as well as to what extent the National Bank of Ukraine can actually prevent Bitcoin payments from happening within their borders during a time where Ukrainian borders seem to be undergoing revision.

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