Ukraine's Cryptocurrency Assets Reserve Bill Submitted to Parliament
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Ukraine's Cryptocurrency Assets Reserve Bill Submitted to Parliament
Ukrainian lawmakers have proposed amending legislation to allow the National Bank of Ukraine (NBU) to include cryptocurrencies such as bitcoin in the country's reserves, with the proposal submitted to parliament on Tuesday. The central bank would retain full discretion over whether to allocate its reserves to cryptocurrencies, how much to allocate, and when to do so.
Navigating Web3 tides with focused insightsTechFlow news, on June 11, Ukrainian lawmakers proposed amending legislation to allow the National Bank of Ukraine (NBU) to include cryptocurrencies such as Bitcoin in the country's reserves. The proposal was submitted to parliament on Tuesday. The central bank will retain full discretion over whether to allocate its reserves to cryptocurrencies, how much to allocate, and when to do so.
