🔥

Ukraine Eyes Bitcoin for National Reserves in First-for-Europe Move

by

In a move that seems to be futuristic and a little inevitable, Ukraine is working on a law that would allow it to officially keep Bitcoin as part of its national reserves. If they make it, they will be one of the first countries in Europe to go beyond the crypto-friendly words and actually will put digital resources in terms of government.

Ukraine is drawing a great cryptocurrency game

According to Yaroslav Zhelezniak, a Ukrainian legislator who helps to supervise the country’s financial and tax policy, the bill is almost carried out and will soon be presented to Parliament. The goal is quite simple: give the Ukrainian National Bank the legal power to keep Bitcoin and treat it as a serious reserve resource, not just something for the technological bros and Twitter traders.

It is not much more than passively storing Bitcoin in a digital wallet. It is part of a wider attempt to build real laws on the property, management and use of cryptocurrencies.

At this moment, Ukraine has laws that legalize Crypto, but there is still no picture on how the government itself can actually use it.

Discover: Top 20 Crypto to be purchased in May 2025

Binance is in the room (again)

Helping behind the scenes is Binance, the exchange of cryptocurrencies that seems to have a backchannel for each government of the planet. They are advising how to model legislation so that it makes sense and does not explode in the face of anyone later. Binance has done a similar job in other countries, so they are a bit the usual suspicion when it comes to encryption political advice.

–
Price
Market capitalization
–
–
–





An important thing to note: this law cannot happen from today. The legal system of Ukraine has not been exactly built thinking about the blockchains, so there will be a lot of development before everything is exceeded.

Because this is a big problem globally

Ukraine is not alone in flirting with Bitcoin at national level. El Salvador made news going all in. Bhutan was quietly stacking the Sat before someone realized it. And some US cities have talked about keeping cryptocurrencies as well. But Ukraine’s timing is unique. They are taking it into consideration while dealing with war, inflation and global economic pressure and still want to experience digital resources.

It is not only bold. This is a bet on the fact that Bitcoin is more than a simple moon game. Basically they say: “Hey, this could really help us survive and stabilize”.

Find out: the best new cryptocurrencies to invest in 2025

The history of Ukraine cryptocurrencies is profound

If this seems sudden, it is not. Since war began with Russia, Ukraine has become one of the most cryptographic countries. They collected over $ 100 million in cryptocurrency donations to help finance everything from defense to humanitarian aid. That case of use in the real world probably contributed to moving some mentalities in the government, from “What is this magical money on the internet?” “Maybe we should take him seriously.”

So what awaits us?

There are still many questions. Where would Bitcoin be filed? Who would manage the keys? How do you manage prices oscillations in your national reserve? None of this is easy. But the fact that Ukraine is asking these questions and that he is trying to write real laws around them, is progress itself.

Whether this ends up as a global example or a caution story, it is certainly one to look at.

DISCOVER: 20+ Next Crypto to be exploded in 2025

Join 99 bitcoins news discord here for the latest market updates

Keyway keyway

  • Ukraine is developing a law to allow its central bank to officially keep Bitcoin in its national reserves, marking a first potential in Europe.

  • The legislation project, led by deputy Yaroslav Zhelezniak, aims to create a legal framework for the government to manage and use cryptocurrency resources.

  • Crypto Exchange Binance is recommending to the development of the bill, continuing its influence behind the scenes in global encryption policy.

  • The push of Ukraine comes between war and economic instability, making his hug from Bitcoin a bold and strategic financial experiment.

  • Ukraine has already collected over $ 100 million in cryptocurrency donations since the beginning of the war, deepening its status of one of the most cryptic-native nations in the world.

The Ukrainian Eyes Bitcoin post for national reserves in first move for Europe appeared for the first time on 99 bitcoins.

Leave a Comment