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Cryptocurrency News Articles
Ukraine Nears Bill to Create 40,000 BTC National Reserve With Binance Support
May 16, 2025 at 05:03 pm
Ukraine's parliament is in the final stages of drafting legislation to establish a national strategic Bitcoin reserve in partnership with Binance.
The final draft of the bill to create a strategic Bitcoin reserve in partnership with Binance is nearing completion, according to Ukrainian MP Yaroslav Zheleznyak.
The initiative will see Ukraine holding 40,000 BTC without any plans to sell, aiming to boost the country's financial strength amid the ongoing conflict.
Zheleznyak confirmed that the bill will be submitted to parliament shortly.
The move, which was announced at the CRYPTO 2025 conference in Kyiv, marks a pioneering step as Ukraine integrates cryptocurrency into its national financial strategy.
Binance has expressed support for the vision, which comes as nations around the world are exploring the potential of Bitcoin reserves.
The parliament is in the final stages of drafting legislation to establish a national strategic Bitcoin reserve in partnership with Binance, aiming to hold 40,000 BTC without plans to sell. The initiative, confirmed by Ukrainian MP Yaroslav Zheleznyak, aims to enhance the country's financial resilience amid the ongoing conflict.
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