Ukraine is opening the door to Bitcoin in its national reserves with a draft bill that would give the Central Bank the right to purchase digital assets.
Ukrainian lawmakers have introduced a legislative proposal that could allow the country’s Central Bank to include Bitcoin and other digital currencies in its national reserves.
The bill, filed on June 10 and registered as No. 13356, was put forward by a group of deputies led by Yaroslav Zheleznyak from the Holos party. The proposal calls for amendments to the Law on the National Bank of Ukraine, aiming to authorize the NBU (National Bank of Ukraine) to hold digital assets alongside gold and foreign currencies.
The bill doesn’t require the Central Bank to invest in cryptocurrencies — it simply grants it the authority to do so. Zheleznyak stated:
“With this bill, we authorize the National Bank of Ukraine to include digital assets in the country’s reserves. However, decisions regarding the timing, methods, and volumes of such inclusion are left entirely at the discretion of the Central Bank.”
According to Zheleznyak, “proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the digital economy’s development.”
In a video discussion with Kirill Khomyakov, regional head of Binance for Central and Eastern Europe, Zheleznyak highlighted the growing international interest in cryptocurrencies as reserve assets, citing countries like the United States, El Salvador, Switzerland, and Brazil as examples of jurisdictions moving toward strategic bitcoin reserves.
The draft bill has been submitted to the Ukrainian Parliament, the Verkhovna Rada, and is now awaiting further consideration. If approved, Ukraine could become the first European country to officially hold bitcoin as a state asset.
