Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration.
Government Employees to Be Paid With Digital Hryvnia
The Digital Ministry is planning to compensate its employees with Ukraine’s central bank digital currency (CBDC), once the new hryvnia is ready for testing. In a recent interview with online news portal TSN, Minister Mykhailo Fedorov revealed this is among the department’s first initiatives for the digitalized national fiat, stating:
We have it on the table as one of the first pilots, the payment of salaries to employees of the Ministry of Digital Transformation in electronic hryvnia.
Fedorov pointed out that “Ukrainians rank first in the world in terms of adaptability to virtual assets.” This openness to tech
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