Ukraine Could Become World’s First Cashless Economy to Halt Corruption

28 June 2023

Ukraine is considering a complete ban on cash circulation to combat corruption, according to Rostyslav Shurma, Deputy Head of the Presidential Office. A roadmap will be presented to determine the feasibility of this measure, with hopes for a positive outcome. Shurma believes that becoming a cashless economy would be a highly effective way to eliminate the majority of corruption cases in Ukraine.

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