乌克兰：战略比特币储备的唤醒

现任美国总统唐纳德·特朗普（Donald Trump）在社交媒体上不断称赞比特币战略储备的优点。这个国家数字的想法

Current American president Donald Trump has continuously praised on social media the merits of a strategic reserve in bitcoin. This idea of a state digital safe now resonates in Ukraine, a country receiving aid and donations from around the world. As the war rages on, Kyiv is considering formalizing a BTC reserve. But this ambition raises as many hopes as questions. Is Ukraine awakening to crypto as a new economic and strategic weapon?

现任美国总统唐纳德·特朗普（Donald Trump）在社交媒体上不断称赞比特币战略储备的优点。现在，这个国家数字保险箱的想法在乌克兰引起了共鸣，乌克兰是一个获得来自世界各地的援助和捐款的国家。随着战争的爆发，基辅正在考虑将BTC储备正式化。但是这种野心引起了人们的希望和问题一样多。乌克兰是否觉醒加密作为一种新的经济和战略武器？

Ukraine: the awakening of a strategic Bitcoin reserve

乌克兰：战略比特币储备的觉醒

乌克兰：战略比特币储备的觉醒

Ukraine is among the largest state holders of bitcoin. According to BitcoinTreasuries, its government wallets reportedly hold around 46,351 BTC, valued at nearly 4.8 billion dollars. This reserve mainly comes from massive donations, cryptocurrency seizures, and fundraising initiatives.

乌克兰是比特币最大的州持有人之一。据比特币库称，据报道，其政府钱包持有约46,351 BTC，价值近48亿美元。该储备主要来自大量捐款，加密货币癫痫发作和筹款计划。

This topic was recently raised by Yaroslav Zhelezniak, deputy and vice-chair of the finance committee at the Rada, who confirms that “the bill is in the finalization phase and will soon be submitted to Parliament“. He had already mentioned the idea of a crypto reserve in February 2025 without revealing details.

该主题最近是由RADA财务委员会副主席的Yaroslav Zhelezniak提出的，后者确认“该法案已处于最终确定阶段，并将很快提交议会”。他已经在2025年2月提到了加密储备储备的想法，但没有透露细节。

Moreover, Binance actively supports this initiative, while highlighting that “creating such a reserve will require significant legislative changes“.

此外，Binance积极支持这项倡议，同时强调“创建这样的储备将需要重大的立法更改”。

Indeed, Ukraine is positioning itself as an emerging player in crypto regulation, where the creation of a national bitcoin reserve symbolizes a new economic strategy. But the legislative and political stakes are high.

的确，乌克兰将自己定位为加密监管中的新兴参与者，在这里，创建国家比特币储备象征着一种新的经济战略。但是立法和政治利益很高。

The legislative and political stakes of the crypto reserve

加密保护区的立法和政治利益

加密保护区的立法和政治利益

The legislative path is proving difficult. Although the Rada approved a virtual assets bill at the end of April, this text was withdrawn under pressure from the presidential office and the National Securities Commission. However, the latter specified it was not responsible for the blockage while proposing 80 amendments to improve the legal framework.

事实证明，立法道路很困难。尽管RADA在4月底批准了一项虚拟资产法案，但该文本在总统办公室和国家证券委员会的压力下被撤回。但是，后者规定，在提出80项修正案以改善法律框架的同时，对障碍不承担任何责任。

This approach showcases the political complexity around crypto in Ukraine, striking a balance between the desire for innovation and the need for institutional caution.

这种方法展示了乌克兰加密货币周围的政治复杂性，在对创新的渴望与机构谨慎的需求之间达到了平衡。

However, Kirill Khomyakov, Binance regional head, believes this initiative should ultimately “lead to greater clarity in the regulation of crypto assets in Ukraine“.

但是，义务区负责人基里尔·科莫科夫（Kirill Khomyakov）认为，这项倡议最终应该“使乌克兰的加密资产的规范更加清晰”。

Ultimately, adopting a bitcoin reserve is not only an economic issue but also a political battle to structure crypto sector governance in a country in crisis.

最终，采用比特币储备不仅是一个经济问题，而且是在危机中构建加密部门治理的政治斗争。

Crypto and numbers: increasing interest in the State reserve

加密和数字：对国家储备的兴趣增加

加密和数字：对国家储备的兴趣增加

Interest in the bitcoin reserve now goes beyond the Ukrainian borders. In the United States, Donald Trump signed an executive order in March 2025 to establish a federal strategic bitcoin reserve. This reserve will collect BTC seized in judicial cases and may also pursue other avenues for acquiring bitcoin.

现在，对比特币保护区的兴趣超出了乌克兰边界。在美国，唐纳德·特朗普（Donald Trump）于2025年3月签署了一项行政命令，以建立联邦战略比特币储备。该储备将在司法案件中收集BTC，并可能追求其他途径以获取比特币。

Here are some key figures to remember about Ukraine:

这是关于乌克兰的一些关键人物：

* These figures reflect a real interest in state crypto reserves. They also testify to the rapid evolution of a crypto sector mixing finance, politics, and sovereignty.

*这些数字反映了对国家加密储备的真正兴趣。他们还证明了加密货币融资，政治和主权的快速发展。

The idea of a state bitcoin reserve appeals to some countries, but others, like Switzerland or the United Kingdom, remain more cautious. These governments are more sensitive to the volatility of crypto assets and the regulatory risks they pose. They consider this approach premature and potentially disruptive to monetary policy.

国家比特币储备的想法吸引了某些国家，但其他国家（如瑞士或英国）的想法仍然更加谨慎。这些政府对加密资产的波动及其构成的监管风险更为敏感。他们认为这种方法过早，并有可能破坏货币政策。

Furthermore, technological challenges and concerns over the digital assets’ security hamper their rapid adoption.

此外，对数字资产安全的技术挑战和担忧妨碍了他们的迅速采用。

Thus, the creation of a BTC reserve is not a universally validated concept but an emerging trend. It is mainly driven by countries like the United States and Ukraine, who are seeking new avenues for economic diversification and recovery.

因此，BTC储备的创建不是一个普遍验证的概念，而是一种新兴趋势。它主要是由美国和乌克兰等国家驱动的，他们正在寻求新的经济多元化和恢复途径。