Ukraine's Bold Move: Crypto Set to Join National Reserves

Lawmakers Push for Digital Asset Inclusion

Hold onto your hats, crypto fans! Ukrainian lawmakers are about to shake things up with a daring new bill that could see crypto joining the country's financial reserves. Talk about a game-changer!

On June 10, 2025, a crew of fearless MPs, led by the unstoppable Yaroslav Zhelezniak and backed by seven others, dropped a bombshell draft bill. They're gunning to tweak the Law on the National Bank of Ukraine, opening the door for virtual assets to cozy up with the country's gold and foreign currency reserves. It's a move that's got everyone talking!

This isn't just a spur-of-the-moment thing. Zhelezniak's been dropping hints since May about building a national crypto reserve to give Ukraine's digital asset game a serious glow-up. And now, with this bill, he's doubling down. "We're talking about giving the bank the green light to include virtual assets like Bitcoin in our reserves," Zhelezniak said, dropping the mic.

"We, as parliament members, are all in on this. We believe it'll help Ukraine dive headfirst into global financial innovation. Plus, managing crypto reserves right could beef up our macroeconomic stability and open up a whole world of digital economic growth," he shared, fired up on Telegram.

But hold up—the National Bank's not just going to jump in blind. They'll get to call the shots on how they accumulate these assets, and Zhelezniak's cool with that. He's pointing out that countries like the U.S., Switzerland, El Salvador, and Kyrgyzstan are already dipping their toes in similar waters.

Industry big shots are all over this too. Kirill Khomyakov, Binance's regional head for Central and Eastern Europe, has been chatting with Zhelezniak about the proposal. He's stoked, saying the bill could bring some serious regulatory perks to Ukraine's crypto scene.

"This is the kind of initiative that's going to make things crystal clear when it comes to regulating crypto assets in Ukraine. The government's going to have to lay it all out on the table," he said, ready for the change.

But let's not get ahead of ourselves. This bill's got to make it through the Verkhovna Rada, Ukraine's parliament, before it becomes the real deal. If it passes, Ukraine's going to be the first European country to set up a state-run Bitcoin reserve. How's that for making history?

And guess what? Ukraine's not alone in this crypto revolution. Taiwan, Brazil, the Czech Republic, and Russia are also getting in on the action, working on weaving digital assets into their national reserves. The future's looking bright, and it's all about crypto!