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The Defiant 2025-05-16 08:30:43

Ukraine MP Yaroslav Zheleznyak Nears Bill to Create 40,000 BTC National Reserve With Binance Support

Ukraine MP Yaroslav Zheleznyak Nears Bill to Create 40,000 BTC National Reserve With Binance Support

Ukraine's parliament is in the final stages of drafting legislation to establish a national strategic Bitcoin reserve in partnership with Binance. The initiative, confirmed by Ukrainian MP Yaroslav Zheleznyak, involves holding 40,000 BTC without plans to sell, aiming to enhance the country's financial resilience amid ongoing conflict. The bill is expected to be submitted soon and represents a pioneering move as Ukraine seeks to integrate cryptocurrency into its national financial strategy. Binance has expressed support for Ukraine's vision, and the proposal was announced at the CRYPTO 2025 conference in Kyiv. This development aligns with a broader global trend of nations exploring Bitcoin reserves. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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