Ukraine Finalizes Plans For Strategic Bitcoin Reserve Amid Legislative Push
The post Ukraine Finalizes Plans For Strategic Bitcoin Reserve Amid Legislative Push appeared on BitcoinEthereumNews.com. Ukraine finalizing draft bill to establish Bitcoin as a national reserve asset. Binance backs Ukraine’s Bitcoin plan but warns of legal hurdles and timeline delays. Proposal focuses solely on Bitcoin, not broader crypto adoption, amid ongoing war. Ukraine is preparing to establish a national Bitcoin reserve as lawmakers near completion of a draft bill formally introducing Bitcoin into the country’s strategic financial planning. The proposal is currently in its final legislative stages and is expected to be submitted to parliament in the coming weeks. The move marks a step in Ukraine’s cryptocurrency strategy as the country continues to deal with economic uncertainty amid the ongoing war with Russia. According to Ukrainian lawmaker Yaroslav Zhelezniak, a finalized draft of the Bitcoin reserve bill is almost ready for parliamentary presentation. Zhelezniak, Deputy Chairman of the Committee on Finance, Tax and Customs Policy, confirmed the bill’s status during discussions with local media outlet Incrypted. The initiative was first introduced publicly during the CRYPTO 2025 conference held in Kyiv on February 6, where Zhelezniak stated that a draft law allowing the creation of crypto reserves would be submitted soon. At the time, the focus was broader and included various digital assets, but the latest developments indicate the proposal will now center specifically on Bitcoin. Binance Indicates Support for Ukraine’s Proposal Kirill Khomyakov, Binance’s regional head for Central and Eastern Europe, Central Asia, and Africa, confirmed that the company is prepared to support the proposed Strategic Bitcoin Reserve. However, Khomyakov cautioned that the effort will require comprehensive changes to existing legislation. The current pace of Ukraine’s legislative process may pose challenges to timely implementation. According to Khomyakov, establishing a state-level Bitcoin reserve is not quick. He indicated that Ukraine must implement foundational legal reforms before proceeding with the reserve. These legislative adjustments are under consideration,…
The post Ukraine Finalizes Plans For Strategic Bitcoin Reserve Amid Legislative Push appeared on BitcoinEthereumNews.com.
Ukraine finalizing draft bill to establish Bitcoin as a national reserve asset. Binance backs Ukraine’s Bitcoin plan but warns of legal hurdles and timeline delays. Proposal focuses solely on Bitcoin, not broader crypto adoption, amid ongoing war. Ukraine is preparing to establish a national Bitcoin reserve as lawmakers near completion of a draft bill formally introducing Bitcoin into the country’s strategic financial planning. The proposal is currently in its final legislative stages and is expected to be submitted to parliament in the coming weeks. The move marks a step in Ukraine’s cryptocurrency strategy as the country continues to deal with economic uncertainty amid the ongoing war with Russia. According to Ukrainian lawmaker Yaroslav Zhelezniak, a finalized draft of the Bitcoin reserve bill is almost ready for parliamentary presentation. Zhelezniak, Deputy Chairman of the Committee on Finance, Tax and Customs Policy, confirmed the bill’s status during discussions with local media outlet Incrypted. The initiative was first introduced publicly during the CRYPTO 2025 conference held in Kyiv on February 6, where Zhelezniak stated that a draft law allowing the creation of crypto reserves would be submitted soon. At the time, the focus was broader and included various digital assets, but the latest developments indicate the proposal will now center specifically on Bitcoin. Binance Indicates Support for Ukraine’s Proposal Kirill Khomyakov, Binance’s regional head for Central and Eastern Europe, Central Asia, and Africa, confirmed that the company is prepared to support the proposed Strategic Bitcoin Reserve. However, Khomyakov cautioned that the effort will require comprehensive changes to existing legislation. The current pace of Ukraine’s legislative process may pose challenges to timely implementation. According to Khomyakov, establishing a state-level Bitcoin reserve is not quick. He indicated that Ukraine must implement foundational legal reforms before proceeding with the reserve. These legislative adjustments are under consideration,…
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