<ul data-eligibleForWebStory="true"><li>Ukraine has introduced a bill to permit its central bank to hold Bitcoin and other assets in its national reserves.</li><li>The draft law proposed updates to include 'virtual assets' in the reserves of the National Bank of Ukraine.</li><li>The bill does not mandate adding Bitcoin to Ukraine's balance sheet but grants the central bank the option to do so.</li><li>One of the bill's co-sponsors highlighted that the legislation is about granting permission, not enforcing a requirement.</li><li>The bill is seen as a strategic move to potentially strengthen the country's economic position amidst financial challenges post-Russia's invasion in 2022.</li><li>Despite being in financial distress, Ukraine raised over $3.5 million for the war effort through Bitcoin donations during the conflict with Russia.</li><li>This bill could make Ukraine one of the first countries allowing its central bank to hold Bitcoin as a strategic reserve asset.</li></ul>

Ukraine Introduces Bill to Allow Bitcoin in National Reserves

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