Google translation:
09/25/2015 17:00 National Bank gives the green light to the development of Bitcoin in Ukraine
The event, which brought together yesterday, perhaps, the best experts in the field cryptocurrency could not pass unnoticed by the National Bank of Ukraine. Because today the world financial community is closely following the fairly cryptocurrency and the development of Bitcoin in particular, the NBU also intends to keep up with these innovations and integrate electronic money into the financial system of Ukraine.
Director of the Department Payment Systems National Bank Natalia Lapko at the International Conference Bitcoin Conference Kiev in 2015 reported that the National Bank for several months engaged in a dialogue with the Bitcoin community, headed by Mikhail Chobanyan. She said that the main trend of the last time a surge of interest in the use of virtual currencies.
"I am impressed by the fact that new technology in the country somewhere ahead, and we are all interested in their development," - she said.
At the initiative of the World Bank, and the Committee on Payments and Market Infrastructure Bank for International Settlements, the National Bank in late August of this year, he took part in the International Forum of retail payments, which took place in Istanbul. At this forum, it was noted that today the international financial institutions and central banks are not developed and agreed approaches to issues related to the use of virtual currency.
At the same time, it was noted that the use of virtual currency requires careful monitoring by state regulators and comprehension. According to the representative of the World Bank, monitoring the development of this phenomenon should be the competent departments of the central bank, which involved payment systems and calculations.
"National Bank of Ukraine will continue to study the experience of the introduction of innovative products on the market and keep track of payments policies of central banks and government agencies of other countries in order to settle the issue of virtual currency in the European and global context", - said Natalia Lapko.
All of the directives of the central bank built on the global opinion. Natalia Lapko notes that all innovative technologies developed with instant geometric progression, which is ahead of any phenomenon and the event, but to the phenomenon flourished his relentless need to study. And to these technologies are not carried overtones of a confused and did not lead to the fact that most users lose their private purses, general rules based on the legal basis must exist.
"I do not think that the international community will leave totally unregulated phenomenon," - said Director of the Department Payment Systems National Bank Natalia Lapko.
The representative of the National Bank could not agree and note that Bitcoin itself is a means of payment, and compare it with the electronic money, which is always governed by the central banks.
Actually this question in the Law on the National Bank of Ukraine, according to claim 7 of Article 7, "the National Bank performs the following functions:" ... "sets the direction for the development of modern electronic banking technologies, creates and provides continuous, reliable and efficient operation, development created payment and accounting systems, controls the creation of payment instruments, automation of banking and ways of protecting banking information. "
"The main thing is we introduce Bitcoin, he had no time to compromise himself," - said foot.
Everything will be clearing #
That's right and that it was dedicated to the treatment of the director of department of retail payments NBU Sergei Shatsky, who said that promising direction for Ukraine is to introduce the concept of a cashless economy (cashless economy).
Moreover, the integrated program of financial sector development in Ukraine till 2020 provides for further development of non-cash circulation and retail non-cash payments with the use of electronic means of payment, and steps in this direction are already under way.
"Effective marketing of our national payment system depends, inter alia, on innovative solutions that will be used. We understand that the basic functionality can satisfy the market only a short time, and the future belongs to advanced technologies. Regulator welcomes all initiatives to help develop the market of cashless payments in Ukraine, and is open to discussion of all new developments in this field, "- said Shatsky.
Why Bitcoin interests of the population
According to the document from the Bitcoin Foundation Ukraine, a key advantage of Bitcoin-integration for the population of Ukraine is to facilitate cross-border payments and the access of small and medium business to international markets. International payments will be virtually instant and safe, sellers and buyers do not have to agree on the calculation of the currency, since Bitcoin can be easily converted into the hryvnia.
Bitcoin integration into the legal and economic space of Ukraine will give a serious impetus to the development of mobile payments in the country, as well as the care of the cash. This experience is available in African, Asian and Latin American countries, where much of the population remains unbanked (unbanked - Ed.), But due to its low cost and versatility of smart phones, these people are actively using Bitcoin for settlements.
According to the World Bank, about 2.5 billion people still lack access to banking services.
In addition, the BFU to provide an interesting fact that Ukraine is one of the largest providers of IT-specialists for the foreign market. As of 2014, living in Ukraine 75 000 IT-specialists. This data is only for developers, excluding managers, marketing and other related professions. According to others, in 2014 in Ukraine only on foreign resources Upwork.com registered about 123,000 Ukrainian freelancers, almost all of them work in the IT-industry and receive income from abroad.
"Since most of the professionals working in the mode of outsourcing, urgent problem of costly international transfers, conversion of foreign currency into hryvnia, etc. In these circumstances, it is increasing the popularity of services like Payoneer ", - reported in the BFU.
Economist Stanislav Podyachev believes that the IT sector and innovation is very highly competitive and globalized.
"For blokcheyna no difference who uses it, a huge pot, a poor student startups or even a refrigerator that automatically pays ordered milk. Ukraine, as a country, unfortunately, can in this global competition to offer only one argument - the low cost of highly skilled professionals. It is important not to interfere with them to develop and participate in global economic processes, "sell his brains" abroad, with living, spending and revenue raising children in Ukraine. It should be a 5-year moratorium on the regulation of bitcoin in Ukraine and at the official level to encourage all employers to use this wonderful tool to improve the efficiency of their business, "- he said.
Perhaps in the indefinite future patterns of behavior Ukrainian people will change so that our descendants will never be faced with cash. The state, in turn, will contribute to the development of new technologies which will necessarily literacy legislative framework.