Ukraine is preparing to make a bold move in the world of digital finance by drafting a new law to create a national Bitcoin reserve. Member of Parliament Yaroslav Zhelezniak confirmed that the legislation is nearing completion and will soon be submitted for approval. This initiative aims to establish Bitcoin as a strategic asset in Ukraine’s financial system, marking a major step in the country’s embrace of cryptocurrency.
Binance Supports Ukraine’s Bitcoin Strategy
Global crypto exchange Binance is playing a key role in Ukraine’s crypto strategy. The company is offering technical expertise and advisory support as the country develops its national Bitcoin reserve. Binance CEO Richard Teng has confirmed ongoing collaboration with governments around the world, including Ukraine, to help shape pro-crypto regulations. This trend follows growing international interest in digital assets, especially after supportive U.S. policies introduced under President Trump’s administration.
Binance is also working with other countries exploring similar initiatives, reinforcing its commitment to the global adoption of cryptocurrencies. The company’s involvement gives Ukraine access to valuable knowledge and best practices as it builds its crypto infrastructure.
Ukraine to Legalize Crypto by Early 2025
In addition to the Bitcoin reserve, Ukraine plans to legalize cryptocurrency by early 2025. This will be part of a comprehensive digital asset framework that includes clear tax regulations and strict anti–money laundering (AML) rules. The goal is to create a transparent and secure environment for crypto use within the country.
Ukraine’s steps toward crypto integration signal growing government-level interest in digital assets, not only within its borders but also across the broader Eastern European region. As the country positions itself as a forward-thinking player in the digital economy, this new legislation could attract more investors and innovators to Ukraine’s emerging crypto landscape.
