Ukrainian Lawmakers Propose Bill to Include Crypto in National Reserves
Ukrainian lawmakers are pushing forward with plans to incorporate cryptocurrencies into the nation’s financial reserves through a newly introduced bill.
A group of parliament members submitted a draft bill on June 10, 2025, proposing amendments to the Law on the National Bank of Ukraine. The bill, spearheaded by MP Yaroslav Zhelezniak and supported by seven other lawmakers, aims to allow virtual assets to be included in Ukraine’s gold and foreign currency reserves.
MP Zhelezniak had previously hinted at the creation of a national crypto reserve in May, as part of efforts to modernize Ukraine’s digital asset framework. He highlighted that the proposed bill would grant the National Bank the authority to include cryptocurrencies like Bitcoin (BTC) in the country’s reserves.
Speaking about the initiative, Zhelezniak underscored its potential to integrate Ukraine into global financial innovation. He emphasized that effective management of crypto reserves could enhance macroeconomic stability and open up new avenues for digital economic growth.
While the National Bank will have the autonomy to determine the accumulation process, Zhelezniak noted that similar initiatives are already underway in countries like the United States, Switzerland, El Salvador, and Kyrgyzstan.
The bill has garnered interest from industry leaders, including Binance’s Kirill Khomyakov, who sees it as a step towards enhancing regulatory clarity in Ukraine’s crypto sector. If approved by the Verkhovna Rada, Ukraine’s parliament, the bill would establish the country as the first in Europe to establish a state-run Bitcoin reserve.
Notably, countries like Taiwan, Brazil, the Czech Republic, and Russia are also exploring ways to integrate digital assets into their national reserves.