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Ukraine Strategic Bitcoin Reserve Bill Reportedly In Final Stages

  • Ukraine is preparing a draft bill expected in early 2025 that would create a government-backed Bitcoin reserve, with support from Binance.
  • The bill follows a withdrawn earlier version that faced regulatory resistance and concerns from the President's Office.
  • A specialized working group coordinates with Ukraine’s National Bank and the IMF to create a legal framework integrating fiscal oversight and anti-money laundering rules.
  • Yaroslav Zhelezniak indicated that the legislation is in its final stages of preparation and is expected to be presented soon, with the legalization anticipated to occur in the first quarter of 2025.
  • If given the green light, Ukraine would be among the pioneering European nations to establish a Bitcoin reserve for strategic purposes, potentially shaping global financial markets and accelerating cryptocurrency adoption worldwide.
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Crypto Briefing broke the news in on Wednesday, May 14, 2025.
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