Ukrainian lawmakers have introduced a draft bill that could significantly impact the country’s approach to digital assets and financial regulation. The bill, numbered 13356, proposes amendments to the law “On the National of Ukraine,” enabling the inclusion of crypto assets like Bitcoin (BTC) in the country’s official reserves.
Ukraine's Crypto Reserve Legislation Enters Parliament
The draft bill was submitted to Ukraine’s Verkhovna Rada on Tuesday, signaling a strategic shift towards integrating digital assets into national macroeconomic policies. While it authorizes the National bank of Ukraine (NBU) to acquire cryptocurrencies, it does not mandate such actions, leaving decision-making entirely at the discretion of the central bank.
#Discretionary Framework for Crypto Reserves
Yaroslav Zhelezniak, a member of parliament, clarified that the NBU will decide how, when, and how much to allocate to crypto assets. “How, when and how much should be the decision of the regulator itself,” he stated on his Telegram channel. This approach provides regulatory flexibility amid evolving global crypto markets.
#Strengthening Macroeconomic Stability through Digital Assets
Lawmakers support establishing a potential state crypto reserve as part of broader efforts to enhance economic stability and modernize financial infrastructure. Zhelezniak emphasized that proper management of crypto reserves could bolster macroeconomic stability and foster digital economy development.
“Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,” he wrote in a Telegram statement.
#Global Trends and Strategic Reserves
In a video commentary with Binance’s regional head Kirill Khomyakov, Zhelezniak highlighted that countries like the US, El Salvador, Switzerland, and Brazil are exploring strategic reserves that include cryptocurrencies. This reflects a growing global trend towards digital assets as part of national financial strategies.
The proposed legislation aligns Ukraine with these international developments, positioning it for future participation in the evolving crypto market ecosystem. As countries worldwide push toward integrating crypto into official reserves, Ukraine’s legislative move underscores its commitment to embracing fintech innovation while maintaining regulatory oversight.
This developing story indicates Ukraine’s strategic interest in leveraging crypto assets for economic resilience and digital economy growth. Stakeholders should monitor legislative updates and implementation outcomes closely to understand broader implications for crypto regulation and adoption in Eastern Europe.
