Ukraine Explores Bitcoin Reserve Strategy In Parliamentary Push

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Bitcoinist 18h ago

Ukraine Explores Bitcoin Reserve Strategy In Parliamentary Push - Bitcoinist

Quick Summary:

Ukraine is preparing legislation that would allow the state to accumulate and manage a strategic reserve of Bitcoin, according to Member of Parliament Yaroslav Zhelezniak, first deputy chair of the Verkhovna Rada Committee on Finance, Tax and Customs Policy.

Non-governmental organisations such as the Come Back Alive Foundation have drawn “several million dollars” more in Bitcoin and stablecoins to equip the armed forces.

Even without a formal reserve, Ukraine is de facto one of the world’s largest sovereign Bitcoin holders.