Ukraine Suggests Modifications To Legislation To Incorporate Digital Assets Into National Strategic Reserve
On 10 June 2025, Ukraine unveiled a legislative proposal to modify the Law “On the National Bank of Ukraine” to incorporate virtual assets into the gold and foreign currency reserves.
In simpler terms, the suggested modifications would permit digital currencies like Bitcoin to be added to the nation’s gold and financial reserves. Importantly, Ukraine is advancing quickly to set up its crypto reserve.
This initiative follows closely after Yaroslav Zhelezniak, a Ukrainian legislator overseeing the country’s fiscal and tax framework, declared on Telegram the plan for a crypto reserve.
“As lawmakers, we believe this move will facilitate Ukraine’s integration into global financial innovations,” stated Zhelezniak. Effective management of crypto reserves could enhance macroeconomic stability and open new avenues for digital economic development.”
BREAKING:
Ukraine may incorporate crypto into its national reserves.
A new proposed bill would permit the central bank to long-term holding assets like Bitcoin alongside gold and foreign currencies, but the final decision would rest entirely with the bank. pic.twitter.com/HInV4PBqXZ
— Satoshi Club (@esatoshiclub) June 11, 2025
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Ukraine Has Been Soliciting Crypto Donations Since the Onset of the Conflict with Russia
Assisting behind the scenes is Binance, the crypto trading protocol that appears to have connections with every government globally. They are providing guidance on how to craft the legislation effectively to avoid future complications. Binance has engaged in similar efforts in various nations, making them a familiar player in crypto policy advisory.
Explore: Ukraine Aims to Include Bitcoin in National Reserves
If Ukraine’s initiative for a crypto reserve seems abrupt, it is not. Since the conflict with Russia began, Ukraine has emerged as one of the most crypto-savvy nations. The country has raised over $100 million in crypto donations to base level various needs, from defense to humanitarian aid. This tangible application likely contributed to a shift in governmental perceptions from “What is this digital currency?” to “Perhaps we should regard this more seriously.”
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Key Insights
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The amendments proposed by Ukraine would permit digital assets such as Bitcoin to be integrated into the country’s gold and financial reserves.
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Following the start of the conflict with Russia, Ukraine has become one of the leading crypto-friendly nations, raising over $100 million in crypto donations for defense and humanitarian assistance.
The post Ukraine Proposes Law Modifications to Incorporate Digital Assets into National Strategic Reserve appeared first on 99Bitcoins.
