Ukraine’s Largest Bank Bans Transfer Of Funds To Crypto Exchanges

The movement of payments in Ukrainian hryvnia to exchanges trading cryptocurrencies, the national fiat currency, was temporarily banned on March 16 by Privatbank, Ukraine’s largest bank by assets. Banks are prohibited from performing cross-border money transfers from Ukraine on behalf of clients, according to the notice. The bank went on to say that there are […]

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Source: https://www.thecoinrepublic.com/2022/03/19/ukraines-largest-bank-bans-transfer-of-funds-to-crypto-exchanges/