Ukraine moves toward national bitcoin reserve amid push for crypto regulations
Image Credit: vanguardngr- Ukraine is preparing to establish a National Bitcoin Reserve as part of new digital asset regulations, signaling a strategic shift in its cryptocurrency policy.
- Draft legislation supporting the reserve is nearing completion, following earlier efforts to regulate digital assets that faced legislative challenges.
- Discussions include creating a new regulatory body or assigning oversight to the National Bank of Ukraine, reflecting evolving regulatory approaches.
- Key crypto firms, including Binance, support the move, highlighting its potential to attract institutional investment and boost Ukraine’s digital economy amid global crypto momentum.
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