Ukraine Drafts Bill for 40,000 BTC National Reserve With Binance, Led by MP Zheleznyak and IMF Coordination

Ukraine’s parliament is preparing draft legislation to establish a national strategic Bitcoin reserve, with Member of Parliament Yaroslav Zheleznyak, First Deputy Chairman of the Committee on Finance, Tax, and Customs Policy, confirming that work on the bill is underway and expected to be submitted soon. The initiative involves collaboration with Binance, the world’s largest cryptocurrency exchange by volume, which is advising Ukraine on the creation of the reserve. Binance has expressed support for Ukraine’s vision and is assisting with the legislative process. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant