RATE Group | Bittrex Exchange Denies It Sought to Collaborate With Ukrainian Government
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Bittrex Exchange Denies It Sought to Collaborate With Ukrainian Government

27 Nov Bittrex Exchange Denies It Sought to Collaborate With Ukrainian Government

Posted at 08:56h in Cryptocurrency News by

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A Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry.

In a Nov. 20 interview with domestic blockchain media outlet ForkLog,. Deputy Minister of Digital Transformation Alexander Bornyakov claimed that Bittrex contacted the Ukrainian government to this end.

Referring to Ukraine’s recent memorandum of understanding with Binance to collaborate on creating crypto legislation in the country, Bornyakov said, “After we announced it, we began receiving requests from Bittrex, from Coinbase.”

Bittrex did not contact the Ukrainian government

Bornyakov’s statement was soon reported by local publications, interpreting it as Coinbase and Bittrex seeking to open offices in Ukraine. Cointelegraph contacted both exchanges for clarification, and a Bittrex spokesperson denied Bornyakov’s statement, saying, “We would like to confirm that no one from Bittrex…

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