Ukraine is drafting a policy to establish a Bitcoin reserve, signaling a move to incorporate cryptocurrency into its national monetary plan. This initiative is supported by Binance, which will allow the country to establish a national Bitcoin reserve.
A draft bill to allow the formation of this reserve is in its final stage and will soon be submitted to parliament. This initiative is a response to increasing interest in digital assets within Ukraine's economic context. The legislation aims to create a legal basis for holding Bitcoin as a strategic reserve asset.
Binance has voiced strong support for Ukraine's initiative. Kirill Khomyakov, Binance's regional leader, noted the potential for this relationship to deliver significant regulatory clarification. This partnership could catalyze legal changes and a better structure for cryptocurrencies in Ukraine.
By including Bitcoin in its reserves, Ukraine aims to diversify its financial holdings and attract global investment. This initiative extends Ukraine's previous work with the cryptocurrency sector. The participation of Binance can assist Ukraine in the complexity of national cryptocurrency reserve management.
The possibility for Ukraine to adopt Bitcoin as a reserve asset may become a precedent for other countries. The cost of Bitcoin has experienced huge growth, staying almost at $103,000 since May 2025, according to market data.