🇺🇦 Ukraine plans to launch a strategic Bitcoin reserve based on new cryptocurrency law

According to Coincentral, Ukraine is developing a legal framework to hold Bitcoin in its national reserves, with a special parliamentary committee led by financial officials finalizing the legislative draft.

Senior parliamentarian Yaroslav Zhelezniak confirmed that Ukraine plans to establish cryptocurrency reserve infrastructure, and he is responsible for overseeing the preparation of the relevant legislative proposals. The proposal aims to regulate the way the state acquires, stores, and manages Bitcoin reserves, striving to align with the cryptocurrency regulations expected to be introduced in 2025. The law will support holding digital assets for national financial planning, and authorities will ensure transparency, compliance, and oversight by the central bank and regulatory agencies.

It is reported that Ukraine is receiving support from Binance to establish a national Bitcoin reserve, with cooperation including providing guidance for the reserve mechanism and technical infrastructure, and both parties are actively discussing the implementation of the reserve strategy! @heyibinance