Ukrainian Central Banker: Bitcoin Is ‘Definitely Not a Currency’ ByMarc HochsteinPRO INVESTOR Updated: 11 September 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. A Ukrainian official described bitcoin as a risky investment and a vehicle for fraud but downplayed any systemic concerns about the cryptocurrency.