As the Ukrainian government is making progress regarding crypto legislation, a major Ukrainian e-bank is getting ready to release a debit card that will feature Bitcoin trading.
The co-founder of Monobank, Oleg Gorokhovsky revealed that the online banking application Monobank has finished a pilot integration with a crypto trading platform.
This means that Monobank users will have the option of buying and selling Bitcoin using a debit card. The feature is planned to be released later this month as it awaits approval from the National Bank of Ukraine.
Monobank was launched in 2017 and as of August 2020 had a user base of around 2.5 million people.
Gorokhovsky is pro-Bitcoin as in February he declared that the purchase of $1.5 million Bitcoin by Tesla served as proof for him that Bitcoin is here to stay. He also made a prediction regarding its price, saying that BTC will reach $100,000 by next year.