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Ukraine Tables Bill to Add Bitcoin to Central Bank Reserves

  • Ukraine has introduced Bill 13356 to include Bitcoin in its national financial reserves.
  • The bill allows Ukraine's central bank, NBU, to purchase and hold cryptocurrencies like Bitcoin.
  • The central bank has the discretion to decide on acquiring crypto assets along with traditional reserves.
  • The bill aims to modernize financial policies in Ukraine and provide flexibility in reserve assets.
  • Binance and legal experts assisted in drafting the bill to ensure compliance with international crypto practices.
  • Experts like Kyrylo Khomiakov from Binance and Petr Bilyk contributed to incorporating legal protection and technical structures in the legislation.
  • Crypto reserves could have a positive economic impact by enhancing macroeconomic stability and fostering digital economics.
  • Ukraine joins the USA and El Salvador in exploring the inclusion of crypto assets in national reserves.
  • The Verkhovna Rada will review and potentially amend the bill before official adoption.

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