The Verkhovna Rada Considers a Bill on Crypto Reserves in Foreign Currency Assets

The Verkhovna Rada Considers a Bill on Crypto Reserves in Foreign Currency Assets

A bill has been registered in the Verkhovna Rada of Ukraine that proposes the inclusion of crypto assets in the foreign currency reserves of the National Bank of Ukraine. The document was submitted on June 10, 2025, and it could represent a significant step towards implementing financial innovations at the state level.

This is reported by Finway

Ukraine’s Integration into Global Financial Trends

One of the initiators of the bill, MP Yaroslav Zheleznyak, emphasized that the adoption of this document would facilitate Ukraine’s integration into leading global financial practices. According to him, similar initiatives have already been implemented in several countries, including the USA, Switzerland, and some European states, including the Czech Republic.

“The bill will allow the National Bank of Ukraine to invest in virtual assets, with the volume and specific coins or tokens determined by the regulator based on its own criteria,” noted Yaroslav Zheleznyak.

Current Status of the Legislative Initiative

Back in February 2025, Zheleznyak announced the preparation of the relevant bill, and by the end of May, he confirmed that the document was nearly ready and could be considered in parliament soon. The legislative initiative is being reviewed alongside the development of a regulatory framework for crypto assets as a whole.

Previously, the MP reported that a similar bill was blocked by the Office of the President at the initiative of the National Securities and Stock Market Commission. However, the Commission itself denies this.

Examples from other countries, which Zheleznyak refers to, indicate that the inclusion of crypto assets in central bank reserves is gradually becoming an international trend. For instance, in March 2025, US President Donald Trump signed an executive order to create a Bitcoin reserve within state assets.