Ukraine Eyes Bitcoin for National Reserves in First-for-Europe Move
In a move that feels both futuristic and kinda inevitable, Ukraine is working on a law that would let it officially hold Bitcoin as part of its national reserves. If they pull this off, they’ll be one of the first countries in Europe to go beyond crypto-friendly buzzwords and actually put digital assets to work.. The post Ukraine Eyes Bitcoin for National Reserves in First-for-Europe Move appeared first on 99Bitcoins.
In a move that feels both futuristic and kinda inevitable, Ukraine is working on a law that would let it officially hold Bitcoin as part of its national reserves. If they pull this off, they’ll be one of the first countries in Europe to go beyond crypto-friendly buzzwords and actually put digital assets to work at the government level.
Ukraine’s Drafting a Big Crypto Play
According to Yaroslav Zhelezniak, a Ukrainian lawmaker who helps oversee the country’s finance and tax policy, the draft law is almost done and will be submitted to parliament soon. The goal is pretty straightforward: give the National Bank of Ukraine the legal power to hold Bitcoin and treat it like a serious reserve asset, not just something for tech bros and Twitter traders.
BREAKING: UKRAINE MP CONFIRMS HE WILL INTRODUCE BILL TO CREATE A NATIONAL STRATEGIC #BITCOIN RESERVE
UKRAINE WOULD HOLD AND NOT SELL 40,000 BTC. BULLISH
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