Ukraine Introduces Bill To Allow Bitcoin In National Reserves

Ukraine has foot A bill that would give the central bank the legal right to keep Bitcoin and other assets as part of its national reserves. DraftIntroduction to Verkhovna RADA on June 10, 2025, proposals for current legislation to include “virtual assets” in the exchange of foreign and golden currencies of the National Bank of Ukraine (NBU).

This does not mean that Ukraine officially adds Bitcoin to its public budget so far, but it will give the central bank the green light to do so in the future.

One of the draft sponsors, a member of Parliament Yarroslav Zlizniak, confirmed that the legislation revolves around granting permission and not making it a condition. He said: “Whether it is and to what extent they do this already, it is up to the institution itself.”

Zhelezniak recently discussed with Kyrylo Khomiakov regional president that he believes Bitcoin can help Ukraine to enhance its economic position and contribute to long -term digital innovation.

The timing of the draft law is vital because Ukraine has been subjected to tremendous financial pressure since Russia’s invasion in 2022. inflation is still high, Hyrevia lost great value, and the country relies heavily on international aid and loans. NBU managed to keep about $ 44.5 billion of reserves, most of which are in US dollars and government securities, but her maneuvering room is limited.

In 2022, the Ukrainian government was actively highlighted for the war effort through Bitcoin. They had a formal portfolio prepared for donations, and politicians were publicly removed from the addresses asking for support. On the first day, the official Bitcoin portfolio in Ukraine raised more than $ 3.5 million. By relying on Bitcoin during the crisis period, the government showed its faith and commitment to it, and this draft new law shows that this commitment has not faded.

If this draft law is adopted, Ukraine can be placed as one of the first countries to give the central bank its legal ability to keep Bitcoin as a strategic reserve asset.