Марія Бровінська Crypto 11 June 2025, 09:52

A bill on a crypto reserve has been registered in parliament. What is the purpose of such a move?

Deputies registered a bill in the parliament on the creation of a crypto reserve in Ukraine.

Draft Law No. 13356 on Amendments to the Law of Ukraine «On the National Bank of Ukraine» regarding the inclusion of virtual assets in the gold and foreign exchange reserves of Ukraine was registered on June 10. The text of the document is not yet available.

«We have registered such an initiative. According to the draft law, we give the National Bank the right to include virtual assets in Ukraine’s reserves. However, how, when and how much should be the decision of the regulator itself. That is, we do not oblige and leave it to their professional choice,» said Yaroslav Zheleznyak, one of the initiators of the draft law, a people’s deputy from the Holos faction and deputy chairman of the Verkhovna Rada’s Finance Committee.

According to him, such a step will integrate Ukraine into global financial innovations. «And the proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,» he said.

Zheleznyak added that the idea is not new: the US is already forming a strategic crypto reserve and many initiatives at the level of individual states; El Salvador; China used BTC to attract $20 billion; Switzerland, Brazil, Pakistan, Kyrgyzstan and some EU countries, as well as the Czech Republic, are also working on including virtual assets in reserves.

Previously, dev.ua reported that parliamentarians and Binance are preparing a bill on a crypto reserve. How is it possible to create one?