Ukraine’s parliament, the Verkhovna Rada, has submitted a landmark draft bill seeking to incorporate Bitcoin and other cryptocurrencies into the nation’s official reserve assets.
Bill No. 13,356 proposes amendments to existing financial legislation that would formally recognize virtual assets, including Bitcoin, as eligible holdings within the National Bank of Ukraine’s reserves portfolio.
The legislative initiative seeks to diversify the country’s reserve assets and integrate Ukraine more firmly within evolving global financial innovation trends. Proponents suggest this move could bolster Ukraine’s macroeconomic stability.
Member of Parliament Yaroslav Zhelezniak emphasized the bill’s dual goals of strengthening Ukraine’s digital economy framework and aligning its financial practices with emerging international standards for sovereign holdings.
This proposal has garnered significant global attention, with cryptocurrency observers and international policymakers viewing Ukraine’s potential path as a possible blueprint for other sovereign states considering similar reserve diversification strategies.
Should the bill pass into law, Ukraine will subsequently need to develop specific regulatory protocols and management frameworks for digital assets held as central bank reserves. This foundational step could also influence broader domestic monetary policy considerations.