Ukraine has introduced a bill that would give its central bank the legal right to hold Bitcoin and other assets as part of its national reserves. The draft law, submitted to the Verkhovna Rada on June 10, 2025, proposes updates to existing legislation to include “virtual assets” in the foreign exchange and gold reserves of the National Bank of Ukraine (NBU). 

This doesn’t mean Ukraine is officially adding Bitcoin to its balance sheet just yet, but it would give the central bank the green light to do so in the future.  

One of the bill’s co-sponsors, Member of Parliament Yaroslav Zhelezniak, emphasized that the legislation is about granting permission, not making…

Read more on BitcoinMagazine

Today, Fold Holdings, Inc. (NASDAQ: FLD), the first publicly traded bitcoin financial services company, has announced a $250 million equity purchase agreement to significantly increase its bitcoin holdings.

Fold Holdings has the option, but not the obligation, to issue and sell up to $250 million in new common stock. The ability to access the funds is subject to certain conditions, including the requirement that a registration statement covering the resale of the stock be filed with and approved by the Securities and Exchange Commission (SEC).

“The Company is not required to use the Facility and controls the timing and amount of any drawdown on the Facility, subject to…

Read more on BitcoinMagazine

Ukrainian lawmakers have submitted a new draft law that could allow the National Bank of Ukraine to hold and manage cryptocurrencies. Known as Bill 13356 the proposal gives the central bank the authority to acquire sell and use digital assets including for international debt payments. This move signals a shift toward integrating crypto into Ukraine’s national financial strategy.

The bill includes a key provision enabling the repayment of loans to foreign creditors using virtual assets. Supporters say this could open the door for Ukraine to access loans in stablecoins and other cryptocurrencies which may help ease financial strain amid ongoing economic pressure. Lawmaker Yaroslav Zhelezniak a co-sponsor of the bill highlights that the bank will have the right but not the obligation to use crypto.

Zhelezniak recently discussed the proposal with Binance executive Kyrylo Khomiakov suggesting Ukraine sees value in crypto-backed reserves. The bill has support from digital economy experts but its passage by parliament remains uncertain.

Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025, through December 31, 2029.

Deputy Finance Minister Julapun Amornvivat announced the measure, calling it a move to increase investment, stimulate economic activity, and drive long term growth.

Amornvivat stated, “The Cabinet approved a five-year crypto tax exemption to promote Thailand as a global digital asset hub.” 

According to the Ministry of Finance, the policy is designed to strengthen Thailand’s competitiveness in the global digital economy. It targets transparent…

Read more on BitcoinMagazine

Today, DDC Enterprise Limited (NYSE: DDC) announced it has raised three securities purchase agreements for a total of up to $528 million to expand its Bitcoin holdings. According to the press release, this is one of the largest single-purpose Bitcoin raises by any NYSE-listed company.

“Today is a defining moment for DDC Enterprise and our shareholders,” said the Founder and CEO of DDC Enterprise Norma Chu. “This capital commitment of up to $528 million, backed by respected institutions from both traditional finance and the digital asset frontier, represents a strong mandate to execute an ambitious corporate Bitcoin accumulation strategy globally. Our vision is…

Read more on BitcoinMagazine

Thailand’s cabinet has approved a major tax exemption for personal income earned from digital asset sales through platforms regulated by the Securities and Exchange Commission. The new policy will take effect from January 1, 2025, and continue through December 31, 2030. This move aims to support Thailand’s ambition to become a regional hub for digital assets.

Deputy Finance Minister Chulaphan Amornvivat said the tax relief is expected to boost crypto activity, attract foreign investment, and drive domestic spending. He emphasized that this step marks progress in expanding Thailand’s digital economy and offers a strong growth opportunity for Thai entrepreneurs in the global market.

Authorities estimate that the initiative could raise at least 1 billion baht in medium-term tax revenue and open the door for new tax frameworks, including a potential Value-Added Tax on digital assets. The Revenue Department is also working to align with OECD standards for transparent and verifiable digital transactions, ensuring credibility in the crypto space.

Source

Singapore-based AI education company Genius Group has expanded its Bitcoin treasury by over 50% adding 34 BTC in the past month. The move follows a favorable court ruling that lifted a previous US ban on the company’s crypto purchases.

The firm now holds 100 BTC worth over $10 million at an average price of $100,600 per coin. CEO Roger Hamilton shared that the company aims to accumulate up to 1000 BTC as part of its long-term strategy to strengthen its financial reserves through cryptocurrency.

Hamilton stated that Genius Group was among the first NYSE-listed firms to adopt Bitcoin before facing a legal block. He expressed satisfaction in regaining the ability to manage capital freely and confirmed renewed investment with a $2.7 million BTC purchase on May 22. The news comes as more companies including GameStop turn to Bitcoin as a corporate reserve asset.

Source