$BTC

Ukraine is preparing for a historic step – it plans to incorporate Bitcoin into its reserves! 💰💎 MP Yaroslav Zhelezniak announced that the draft law is almost complete and will soon be presented. If it passes, Ukraine could strengthen its financial stability, which is crucial during times of conflict. ⚖️🔥

We are already seeing similar steps elsewhere – the USA is considering a Bitcoin reserve, Sweden wants to use it as a hedge against inflation. 🌍💡 But Ukraine will need to address legal and regulatory hurdles – for example, taxation of up to 23% on cryptocurrency transactions. 🏛️📉 That doesn't sound so appealing, does it? 😅

Not everyone is excited – Michael Chobanian, founder of the Kuna exchange, claims that it is just a distraction from a deeper economic crisis. 🧐💭 Given the war, it is questionable whether Bitcoin will have practical significance or rather symbolic.