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Key Takeaways
- Ukraine transferred 8.3M USDT in seized crypto to state management.
- Luxembourg’s sovereign fund became the first in the Eurozone with Bitcoin ETF exposure.
- France and Germany have floated reserve proposals, but neither is law yet.
The transfer is the clearest single action in a wider European moment, several countries are circling the idea of treating crypto as a legitimate state asset, but Ukraine’s move stands apart because it actually happened, and because the funds are headed somewhere specific.
Ukraine: Seized Crypto Goes to Work
On June 27, 2026, Ukraine’s Prosecutor General’s Office and State Bureau of Investigation transferred 8.3 million USDT, roughly 372 million hryvnias, into a wallet managed by ARMA, the country’s asset recovery agency. As reported by UNN
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