Ukraine considers establishing strategic bitcoin reserves
Internet reports that the Ukraine government is preparing legislation to establish a national strategic bitcoin reserve. It is reported that Ukraine currently holds approximately 46,351 BTC, worth approximately US$4.8 billion. These bitcoins mainly came from donations, asset seizures and fundraising activities during the war. Ukraine MP Yaroslav Zhelezniak said that the relevant bill has entered the final drafting stage and is expected to be submitted to parliament for review soon. The bill aims to formally incorporate Bitcoin into the national fiscal strategy. Previously, the Ukraine Parliament had passed a virtual assets bill, but it was withdrawn under pressure from the President's Office and the National Securities Commission. Currently, the National Securities Commission has proposed 80 amendments to improve the legal framework for cryptographic assets. This move by Ukraine marks its increasing emphasis on cryptocurrencies in its national financial strategy.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.