Following the global crypto reserve trend, Ukrainian lawmakers have introduced a draft law to amend the framework of the National Bank of Ukraine (NBU), proposing the inclusion of Bitcoin and other virtual assets in the country’s gold and foreign reserves.
As per the document shared on June 10, 2025, under draft law number 13356, this initiative marks a significant step toward a state-level cryptocurrency adoption amid Ukraine’s ongoing economic challenges due to the war with Russia.
The bill, introduced during the 13th session of the Verkhovna Rada, aims to diversify Ukraine’s national reserves by incorporating virtual assets alongside traditional gold and foreign currency holdings. The NBU, responsible for managing the country’s reserves, could soon oversee a portfolio that includes Bitcoin and other cryptocurrencies.
While confirming the bill via his Telegram channel, a member of Ukrainian parliament, Yaroslav Zhelezniak, said the bank will decide purchases itself, and it would not be influenced by the government.
Ukraine’s proposal aligns with a growing global trend where nations are exploring the integration of cryptocurrencies into their financial systems. The United States has seen increased institutional interest following the launch of Bitcoin Exchange-Traded Funds (ETFs), while countries like El Salvador have already adopted Bitcoin as legal tender, attracting significant foreign investment. Switzerland, Brazil, and the Czech Republic are also reportedly considering similar reserve strategies.
The bill is now under review by the Verkhovna Rada’s economic policy committee, with public consultations expected to follow. If passed, Ukraine could become the first European nation to formally integrate virtual assets into its national reserves, potentially setting a precedent for other war-torn or economically strained countries.
Also read: ‘CLARITY Act’ Crypto Bill Gets Approval from US Lawmakers
