Ukrainian Monobank plans to offer BTC trading in July

Ukrainian Monobank plans to offer BTC trading in July
фото показано с : invezz.com

2021-7-6 22:08

Monobank, a leading electronic bank in Ukraine, is gearing up to launch Bitcoin (BTC/USD) trading in July. A report unveiled this news earlier today, citing the organization’s co-founder, Oleg Gorokhovsky. Reportedly, the company has already gone ahead to execute a pilot integration with an unnamed crypto trading platform that will enable the BTC trading feature.

According to the report, Monobank’s integration with the crypto trading platform will allow its users to purchase and sell the leading cryptocurrency through a debit card. With the launch of this functionality slated for later this month, Monobank is currently awaiting the approval of the National Bank of Ukraine.

Through this functionality, Monobank, which has been in existence since 2017, will expose BTC to its vast user base, which has grown over the years to surpass 2.5 million users. The e-bank operates under the license of Universal Bank, which is owned by Sergey Tigipko, a former Central Bank Governor and former Deputy Prime Minister of Ukraine.

This news comes as Ukraine continues working on several crypto-related bills. For instance, Oleksandr Bornyakov, Deputy Minister of the Ministry of Digital Transformation, said his office recommends embracing an updated bill on virtual assets. The Ukrainian parliament also passed a new law that deems a central bank digital currency (CBDC) a cash equivalent.

Drawing inspiration from large institutions that have embraced crypto

While the motivation behind this bullish development, remains unknown, Gorokhovsky took a keen interest in BTC earlier this year when electric vehicle maker Tesla disclosed that it had invested $1.5 billion in BTC.

At the time, Gorokhovsky, who is also a former Vice Chairman of Ukraine’s largest commercial bank PrivatBank, said Tesla’s decision to secure such a large amount of BTC convinced him that the coin is not going anywhere. He added that his portfolio already contains a large amount of BTC, adding that he recommends investing in the flagship cryptocurrency. Gorokhovsky also predicted that he believes BTC will surge past $100,000 (£72,204.50) before the end of 2022.

When Gorokhovsky made this prediction in February, BTC’s bullish momentum was strong, seeing as it saw the price make moon shots to set its all-time high of $64,863.10 (£46,834.08) two months later. However, a bearish market took over, causing BTC to plunge to the $30,000 (£21,660.75) levels to date. At the time of writing, BTC is trading at $33,736.79 (£24,358.81) after plunging 4.81% over the past 24 hours.

The post Ukrainian Monobank plans to offer BTC trading in July appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 93251.8 (-0.62%)
Объем 24H $61.163b
Изменеия 24h: -2.39 %, 7d: -12.88 %
Cегодня L: $92919.98 - H: $96284.53
Капитализация $1846.4b Rank 1
Цена в час новости $ 34222.79 (172.48%)

july trading btc monobank today earlier unveiled

Источник: invezz.com

july trading → Результатов: 126


Фото:

Ukraine: Major E-Bank Monobank to Enable Bitcoin (BTC) Trading Feature

Bitcoin (BTC) gets a major adoption push in Ukraine as e-bank Monobank mulls offering BTC trading in July. Monobank to Launch Debit Cards with Bitcoin (BTC) Trading Features Bitcoin adoption the world over continues to expand with the latest development being the decision of major Ukranian e-banking application Monobank to launch a debit card featuringRead More

2021-7-6 23:00


Фото:

Taiwanese Crypto Exchanges Given July 1 AML Compliance Deadline 

Authorities in Taiwan have made it clear to cryptocurrency exchanges and bitcoin (BTC) trading platforms in the region that they have until July 1, 2021, to fully comply with existing anti-money laundering (AML) regulations in the region, according to a press release by the Financial Supervision and Administration Commission (FSC) on April 20, 2021. Taiwan’sRead More

2021-4-26 21:00


Фото:

BitTorrent price analysis: BTT surges as Binance and Huobi announce trading competitions

BitTorrent surged over 87% on the day as a result of various trading competitions that involved BTT token. What’s next for BitTorrent, and should you consider buying some BTT now? Fundamental analysis: Binance and Huobi trading competitions push BTT up BitTorrent is a peer-to-peer file-sharing and torrent platform that dates back to July 2001 when […] The post BitTorrent price analysis: BTT surges as Binance and Huobi announce trading competitions appeared first on Invezz.

2021-3-21 15:07


Фото:

Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%

The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175. 7 billion to $330. 6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August.

2020-10-11 10:30


Фото:

Investor Focus Shifts Towards “Gem Hunting” as Bitcoin Price Wanes

The Uniswap trading trend that gained heat throughout July and August is back, but in a different form than before While in previous months, traders were focused on momentum plays over a multi-week time frame, they are now trading “Uniswap gems” with a one-day or two-day investment horizon This has caused plenty of small tokens to see massive, and fleeting, pumps over a shorter time frame One analyst believes that this trend may be why […]

2020-10-7 02:00


Фото:

Uniswap Surpasses July Trading Volume in Under Two Weeks in August While ETH Fees Soars

Decentralized cryptocurrency exchange (DEX) Uniswap has surpassed its July trading volume figures merely less than two weeks into August, Coindesk reports, August 13. Uniswap Reports Record-Shattering Trading Volume Uniswap DEX seems to be riding the bullish tides of the cryptocurrency market which reflects in its unprecedented trading volume figures.

2020-8-14 21:07


Фото:

European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users

2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1. 4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July 31 affected crypto investment accounts and exposed user […] The post European Bitcoin Exchange Hacked for $1.

2020-8-4 07:03


Фото:

Cryptocurrency News Roundup for July 28, 2020

After trading sideways in the range between $9,000 and $10,000 for nearly two months, Bitcoin suddenly woke from its slumber on Monday and recorded an 11-month high around $11,390. Along with the sudden increase in price came the usual speculations surrounding an imminent massive rally, possibly taking the BTC/USD pair to an all-time high over […] The post Cryptocurrency News Roundup for July 28, 2020 appeared first on BeInCrypto.

2020-7-29 23:15


DOTUSDT and FILUSDT Become the Latest Perpetual Swap Products on OKEx

OKEx, one of the popular cryptocurrency spot and derivatives exchange platforms has added two new trading instruments to further expand its derivatives offering. The latest perpetual swap products to find a place for themselves on the list are DOTUSDT and FILUSDT, becoming available on the OKEx website and API at 7:00 AM UTC on July […]

2020-7-28 21:27


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1. 9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend.

ASIC Targets Binance Australia Over Landmark Case In Crypto Regulation

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations.

UAE’s Bitcoin Holdings Soar To $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.

UAE’s Bitcoin Holdings Soar to $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.