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Donald Trump, current American president, has continuously praised on social media the merits of a strategic reserve in bitcoin. This idea of a state digital safe now resonates in Ukraine, a country receiving aid and donations from around the world. As the war rages on, Kyiv is considering formalizing a BTC reserve. But this ambition raises as many hopes as questions. Is Ukraine awakening to crypto as a new economic and strategic weapon?
In brief
- Ukraine holds 46,351 BTC, valued at nearly 4.8 billion dollars.
- A bill creates a crypto reserve, soon to be submitted to parliament.
- Binance supports the project but warns legislation will take time.
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