Ukraine is taking a major step toward embracing cryptocurrency by drafting a law to create a national Bitcoin reserve. Member of Parliament Yaroslav Zhelezniak confirmed the plan which aims to position Bitcoin as a strategic asset for the country. The bill is in its final stages and will soon be submitted for approval.

Crypto exchange Binance is actively backing Ukraine’s initiative offering expertise and support. The company is also assisting other countries with similar plans following global interest sparked by US pro-crypto policies including an executive order by President Trump. Binance CEO Richard Teng confirmed ongoing collaboration with governments worldwide.

Ukraine also plans to legalize crypto in early 2025 as part of a broader digital asset framework. The draft law will include tax regulations and anti–money laundering measures. The move reflects Ukraine’s growing focus on integrating crypto into its financial system and signals rising government-level interest in digital assets across the region.

Report