Latest news with #Zheleznyak
Yahoo
2 days ago
- Business
- Yahoo
Ukrainian Lawmakers Submit Bill for Creation of Crypto Reserve
Ukrainian lawmakers have taken the first step towards the creation of a crypto reserve. A group of eight deputies of Ukraine's parliament, the Verkhovna Rada, submitted a bill which would authorize the country's National Bank to include "virtual assets in the gold and foreign exchange reserves," on Tuesday. The bill's principal sponsor is Yaroslav Zheleznyak, who serves as first deputy chairman of the Committee on Finance, Tax and Customs Policy. Zheleznyak described the bill as a "step [to] integrate Ukraine into global financial innovations," in a post on Telegram. "Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy," he added. Zheleznyak noted however that if it became law, the policy would not demand the central bank create a crypto reserve, merely that it would have the option of doing so. Ukraine already holds 46,351 bitcoin BTC, worth over $5 billion, a figure which only the U.S., China and the U.K. surpass, according to data tracked by BiTBO. However, reports from 2021 say this is all held by civil servants and other officials, as opposed to being held in government coffers. Countries planning on building cryptocurrency reserves are not new, with the U.S. being the most prevalent. Pakistan's government revealed similar plans for a strategic BTC reserve at the end of last month.
Russia Today
12-04-2025
- Politics
- Russia Today
Ukraine to extend martial law by three months
Ukraine's parliament will extend martial law by another 90 days early next week, MP Yaroslav Zheleznyak has claimed. He further suggested that given this prospect, it is unrealistic to expect presidential elections in the coming months. Ukrainian leader Vladimir Zelensky's presidential term expired last May but he has refused to hold a vote, citing martial law. As a result, the Kremlin has deemed the Ukrainian leader illegitimate. In a video published on YouTube on Saturday, Zheleznyak said that there is currently a lot of speculation as to whether the Verkhovna Rada will prolong martial law, especially in light of claims that a ceasefire with Russia could be within reach or that elections could be held in Ukraine soon. 'Yes, [martial law and the general mobilization] will be extended, and this will happen pretty soon: April 15-18,' the lawmaker from the Holos (Voice) party alleged. READ MORE: Ukraine's top general demands 30,000 conscripts a month He explained that the 90 days are counted starting from the end of the previous extension, as opposed to when the parliament ratifies the decision. According to Zheleznyak, this means that the next three months of martial law in Ukraine will start on May 9 and last until August 6. The lawmaker pointed out that 'it is impossible, for example, to end martial law on August 6, and immediately hold elections on August 24,' since under Ukrainian law, they must be preceded by at least 60 and 90 days of preparatory processes for parliamentary and presidential votes, respectively. Speaking to Ukrainian media last week, David Arakhamia, the head of Zelensky's ruling Servant of the People party in parliament, dismissed reports that Kiev was preparing to hold a snap vote to catch the opposition off guard. ' All parliamentary parties and groups have agreed that elections should be held six months after the lifting of martial law, ' the lawmaker insisted. Following the escalation of the conflict with Russia in February 2022, Ukraine imposed martial law and declared a general mobilization, barring able-bodied men aged 18 to 60 from leaving the country. Both have been repeatedly extended since. In response to the mobilization drive being marred by corruption and draft dodging, the Ukrainian government lowered the conscription age to 25 and introduced stricter penalties for draft evasion and desertion last year. Faced with severe troop shortages, Ukrainian enlistment officers have adopted increasingly draconian methods to fill the ranks, detaining random men in public, often violently, and transporting them straight to enlistment centers, as evidenced by multiple eyewitness videos circulating online.
Gulf Insider
29-03-2025
- Business
- Gulf Insider
"We Will Not Allow It": Zelensky Rejects New Mineral Draft That Would Recognize US Support As Loans
Ukrainian President Volodymyr Zelensky said during a Friday press conference that he won't recognize past US military aid as loans, after Washington sent a new draft of the minerals deal to Kiev. 'Ukraine received a new agreement project from the U.S. regarding mineral resources, which is an entirely different document from the previous framework agreement,' said Zelensky, adding 'Ukraine will not recognize U.S. military aid as debt.' 'We are grateful for the support, but this is not a credit, and we will not allow it,' Zelensky continued. The Ukrainian president also said that they are unwilling to negotiate with Russian President Vladimir Putin 'or with someone who would represent Russia,' and instead said 'I think that if there are people, I think there are businesses in Russia, and they have many different regions, including serious business areas. I think that we would communicate with them if they have a vision of how to end the war' One Ukrainian lawmaker said on Telegram that the revised mineral agreement is a 'horror' that offers no security guarantees from Washington. Lwwmaker Yaroslav Zheleznyak, a People's Deputy from Ukraine's Holos party, said he obtained a new draft of the mineral deal from the U.S., dated March 23 – which he says would grant the Untied States access to all existing and future mineral deposits across Ukraine, along with oil and gas throughout the country. According to Zheleznyak, the new agreement contains 'not even a hint' of security guarantees – though he did note that the revised draft wasn't final, 'and I hope that the Ukrainian side will demand and achieve significant changes to it.' 'This is no longer a framework memorandum of intent, like the one discussed before the scandalous Oval Office meeting,' said Zheleznyak, adding 'This is a full-fledged, very clear agreement. And it's not in our favor.' 'It can and must be changed. Otherwise, I don't see how it could be ratified by parliament.' Click here to read more… Source Zero Hedge
