Ukraine is considering partnering with Binance to develop a national Bitcoin reserve. This initiative is backed by government officials and will involve drafting a bill that will be submitted shortly.
Yaroslav Zhelezniak, a Ukrainian MP, is leading the initiative, as the bill’s language is being finalized. Previous legislative attempts to regulate crypto faced challenges earlier this year.
The Bitcoin reserve is anticipated to enhance crypto regulations and increase investor confidence in Ukraine’s market, contributing to long-term adoption of Bitcoin.
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