Ukraine is preparing a new bill that could make Bitcoin part of its national reserves, aiming to boost financial resilience during wartime.
Ukraine may soon become the latest country to add Bitcoin to its national reserves, as a draft bill moves into its final stages. Yaroslav Zhelezniak, a member of Ukraine’s parliament, confirmed during the CRYPTO 2025 event in Kyiv that lawmakers are about to submit the proposal, which would legally allow the government to build crypto reserves.
This potential move comes at a time when global interest in Bitcoin as a strategic asset is rising. The United States recently created a national Bitcoin reserve using coins seized in criminal cases, and Swedish politicians have also begun promoting Bitcoin as a hedge against inflation.
However, Ukraine’s adoption could face legal hurdles. Binance’s regional head, Kyrylo Khomiakov, noted that significant changes to current laws will be needed, and progress could be slow. Still, the initiative could bring more clarity to Ukraine’s crypto regulations, especially as the country continues efforts to legalize digital assets with help from the National Bank and the IMF.
Meanwhile, not everyone is on board. Critics like Michael Chobanian, founder of the Kuna exchange, argue the country’s current financial crisis and declining population make the Bitcoin plan unrealistic. He suggests the proposal may be more of a distraction than a genuine strategy.
All content is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a professional before investing.
Recommended Content
Editors’ Picks
Altcoins to watch this week: Cronos and Toncoin at risk of double-digit crash as bearish signals emerge
Altcoins Cronos (CRO) and Toncoin (TON) are showing signs of weakness this week, as both digital assets close below key ascending trendlines, signaling a potential shift in market structure.
Bitcoin’s recovery above $107,000 ignites DeFi rally: PENDLE, AERO, UNI charge forward
Bitcoin edges higher above $107,000 at press time on Tuesday after a 1.14% surge the previous day. Kicking off a minor market-wide recovery, Decentralized Finance tokens such as Pendle (PENDLE), Aerodrome Finance (AERO), and Uniswap (UNI) led the rally.
Ethereum Price Forecast: ETH investors resume buying amid strong ETF inflows and low exchange reserves
Ethereum (ETH) briefly crossed above $2,600 on Monday following a switch to accumulation in the top altcoin's exchange reserve and $583 million in inflows into ETH investment products last week.
JPMorgan set to roll out new crypto platform following trademark filing
JPMorgan Chase plans to launch a crypto platform branded JPMD; and expected to offer trading, exchange, transfer and payments for digital assets, according to a trademark filing submitted to the United States Patent and Trademark Office (PTO) on Sunday.
Bitcoin: BTC could slump to $100K amid Trump-Musk tussle
Bitcoin (BTC) tumbled to a low of $101,095 on Friday amid volatility in the market. The effect of the tussle between United States (US) President Donald Trump and Tesla Chief Elon Musk negatively influenced the NASDAQ and Tesla's stock price on Thursday, although both are recovering on Friday.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.