Lawmakers Push for Crypto Reserves
A new bill in Ukraine could let the National Bank hold Bitcoin and other crypto in its reserves.
This doesn’t mean they have to buy crypto. It just gives them the option.
The bill landed in Ukraine’s parliament this week. It wants to update the law about what the National Bank can hold—right now, that’s just things like gold and foreign currencies.
NBU Gets the Final Say
MP Yaroslav Zhelezniak, who helped introduce the bill, said it’s up to the bank to decide.
If they want to hold Bitcoin, they can. If they don’t, no big deal.
“The regulator will choose how, when, and how much,” he said.
Why Hold Crypto at All?
Supporters of the bill say this could modernize Ukraine’s economy.
Having crypto in reserves might help stabilize things and give the country more financial options.
Ukraine Joins Global Trend
Zhelezniak even chatted about it with Binance exec Kirill Khomyakov.
He pointed out other countries doing similar stuff: the U.S., El Salvador, Switzerland, Brazil… yep, it’s a trend.
Footnote: A “reserve” is the stuff a central bank holds for backup—like cash, gold, or now maybe crypto.