Ukraine has proposed legislation allowing its central bank to hold Bitcoin and other digital assets in national reserves, signaling a major step toward financial modernization. Registered as Bill No. 13356, the measure grants the National Bank of Ukraine discretionary authority to incorporate cryptocurrencies into reserve assets without mandating immediate acquisition.
Concurrently, Ukraine is developing a comprehensive cryptocurrency regulatory framework that classifies digital assets similarly to securities. The proposed tax model imposes levies solely upon conversion to fiat currency, providing clarity for institutional adoption.
If enacted, Ukraine would become Europe’s first nation to officially hold Bitcoin as state property, aligning with strategies seen in El Salvador, Switzerland, and Brazil. The legislation aims to bolster financial resilience through diversified reserves beyond traditional assets like gold and foreign currencies.
This initiative positions Ukraine as a potential leader in digital asset governance, seeking to attract international investment through progressive institutional cryptocurrency policies.