Ukraine’s central bank has completed a pilot project on a blockchain-based ‘e-hrynia.’

Ukraine’s central bank has completed a pilot project on a blockchain-based ‘e-hrynia.’ “We are not talking about cryptocurrency, we are talking about the digital currency of the central bank,” says Alexander Yablunivsky, director of payment systems at the National Bank of Ukraine. Ruling out the e-hryvnia becoming a cryptocurrency, a central bank must have more control over its issued currency than crypto currency’s immutable ledgers offer.