Bitcoin Foundation Ukraine Joined Ukrainian Interbank Association EMA

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Bitcoin Foundation Ukraine joined Ukrainian interbank association EMA and is going to introduce Ukrainan BitLicense project at a Ukrainian National Bank meeting.

Yesterday Bitcoin Foundation Ukraine became an official member of interbank association Ukrainian Interbank Payment Systems Member Association EMA. Now, according to the BFU’s official announcement, both the organization and Bitcoin become officially recognized in the financial system of Ukraine.

It’s the first step to mass adoption of the technology in Ukraine and CIS countries. Broadly speaking, that’s all we want, the official press-release reads.

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EMA association was established on March 19, 1999 by Ukrainian members of Europay International in order to co-ordinate Maestro and MasterCard market development in Ukraine. The association actively cooperates with members of international payment systems and other card-based e-payment systems operating under recognized international standards.

BFU’s membership in EMA is not the only good news for Ukraine’s bitcoin community. Tomorrow t the NBU public council’s payment committee will have the project of Ukrainian BitLicense introduced at a meeting.

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