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Ukraine is preparing legislation that would allow the state to accumulate and manage a strategic reserve of Bitcoin, according to Member of Parliament Yaroslav Zhelezniak, first deputy chair of the Verkhovna Rada Committee on Finance, Tax and Customs Policy. Zhelezniak told the Ukraine news outlet Incrypted that a draft bill “is at the stage of finalisation” and will be filed with parliament “in the near future,” confirming online reports that the government is considering the move.
Ukraine To Establish A Bitcoin Reserve
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Zhelezniak first floated the idea in early February, when he announced plans for “a draft law from the industry allowing the creation of crypto reserves.” That earlier statement, which
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