Bitcoin can be integrated into the Ukrainian financial system

Natalia Lapko, head of the payment systems department at the National Bank of Ukraine, has said that the regulator is carefully watching the intensive growth of digital currencies and does not rule out the possibility of integrating bitcoin into the Ukrainian financial system.

According to Lapko, the National Bank has established close relations with the country’s bitcoin community and is now assessing bitcoin-related experiences of regulators from all over the world to formulate relevant standards and keep up to date with the latest developments.

Lapko added that she believes that implementation of the technology can be greatly beneficial for common citizens as they will get an opportunity to transact with more convenience and at lower costs.

National Bank of Ukraine is the central bank of Ukraine.