Ukraine's digital minister FedorovMykhailo says he'll take his salary in a planned new central bank digital currency (CBDC), as he seeks to make Ukraine a world leader in crypto. jackschickler reports
DAVOS, Switzerland — Ukraine’s deputy prime minister wants to be the first user of a planned new central bank digital currency and take his salary in e-hryvnia, he told reporters at the World Economic Forum.
New laws will make the country the world’s leading jurisdiction for crypto assets, said Mykhailo Fedorov, who is also Ukraine's minister for digital transformation, after Ukraine successfully used crypto to raise money for its armed forces. “Two weeks ago, I saw a pilot of the electronic e-hyrvnia in Ukraine,” he said, speaking through an interpreter, of plans to issue a CBDC in cooperation with crypto company Stellar. “I plan on becoming the first test user of the electronic hryvnia and I plan to receive on receiving my salary in e-hryvnia.”
Ukraine is one of a number of countries around the world considering whether to issue fiat money in digital form, with draft legislation on a digital euro due from the neighboring
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