Ukrainian lawmakers have introduced a draft bill in Parliament proposing the inclusion of cryptocurrency in the country’s state reserves.
Filed with the Verkhovna Rada on June 10 as bill No. 13356, the proposal seeks to amend the law “On the National Bank of Ukraine” to allow the central bank to add crypto assets to its gold and foreign currency reserves.
The bill grants Ukraine’s central bank the authority to include cryptocurrencies like Bitcoin in the country’s state reserves, but it does not require the bank to do so, according to Member of Parliament Yaroslav Zhelezniak, who confirmed the bill’s introduction via Telegram.
Zhelezniak added that the legislation places no cap on how much crypto the National Bank of Ukraine can allocate, leaving the timing, amount, and implementation entirely at the discretion of the regulator.
Crypto reserves aimed at bolstering macroeconomic stability
While the final decision rests with the National Bank of Ukraine, lawmakers view the proposal for a state crypto asset reserve as a step toward aligning the country with global financial innovation, according to MP Yaroslav Zhelezniak.
“Effective management of crypto reserves can enhance macroeconomic stability and open up new opportunities for the digital economy,” Zhelezniak said in a Telegram statement.
He also addressed the potential for a national crypto reserve in a video conversation with Binance’s regional head for Central and Eastern Europe and Central Asia, Kirill Khomyakov. In the discussion, Zhelezniak highlighted the growing number of countries—such as the U.S., El Salvador, Switzerland, and Brazil—considering or implementing crypto as part of their strategic reserves.
