Ukrainian lawmakers have taken a major step toward integrating cryptocurrency into the national economy after the Verkhovna Rada approved a key crypto regulation bill in its first reading. The proposal, backed by 246 of 321 deputies, highlights strong political will to create a clear legal framework for digital assets despite the ongoing war with Russia.

The bill introduces a 23% tax on crypto profits, combining an 18% base tax with an additional 5%. To encourage adoption, a temporary 5% tax on conversions to fiat currency will apply in the first year. Lawmakers say the measure aims to balance innovation with fiscal responsibility, while moving Ukraine closer to crypto-friendly tax models.

Ukraine already ranks 8th worldwide for crypto adoption, according to the Chainalysis 2025 Index. With plans to eventually add virtual assets to the central bank’s reserves, the country could become Europe’s first to hold a state-managed Bitcoin reserve. A second reading of the bill is expected in the coming months.

Bitcoin adoption is surging among smaller businesses, according to financial services firm River. On average, its business clients reinvest 22% of profits into Bitcoin, with real estate firms leading the way at nearly 15%. Other sectors, including hospitality, finance, and software, are allocating between 8% and 10%. Even unconventional adopters like fitness studios, roofing companies, and religious nonprofits are buying in.

River analyst Sam Baker revealed that businesses have quietly accumulated 84,000 Bitcoin in 2025, roughly a quarter of institutional holdings. He noted that improvements in regulation, accounting standards, and a strong bull market have fueled this growth. The trend is a stark contrast to the 2020–2021 cycle, when retail hype drove Bitcoin’s climb to $69,000 while most businesses stayed on the sidelines.

Smaller firms, with fewer than 50 employees, appear more agile in adopting Bitcoin compared to larger corporations. While most allocate modest amounts, Baker emphasized that grassroots adoption could be a powerful long-term driver of Bitcoin’s continued rise.

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Treasury launches to become Europe’s largest Bitcoin treasury company, backed by Winklevoss Capital and Nakamoto

Highlights • Treasury B.V. (“Treasury”), an emerging euro-denominated Bitcoin treasury company, has raised initial funding of €126 million ($147 million) through a private round led by Winklevoss Capital and Nakamoto Holdings Inc., a subsidiary of KindlyMD, Inc. (NASDAQ: NAKA). With this funding, Treasury has already accumulated more than 1,000 Bitcoin to advance its Bitcoin strategy.• Treasury has the ambition to be the first Bitcoin treasury company listed on a primary European exchange, and it will pursue such listing via a reverse listing on Euronext…

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The Bitcoin for Financial Services Summit, set for October 16–18, 2025, at The Space in Denver’s RiNo district, will see financial professionals convene to explore Bitcoin’s integration into mainstream finance. With a capped attendance of 150, the event targets accountants, wealth advisors, attorneys, insurance agents, asset managers, and fintech leaders seeking practical strategies for Bitcoin adoption.

Headlined by Pierre Rochard, CEO of The Bitcoin Bond Company, and Andrew Hohns, CEO of Newmarket Capital, the summit will deliver actionable insights over three days. Sessions will cover Bitcoin acquisition for families and businesses, financial services, custody solutions,…

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