National Bank of Ukraine could hold Bitcoin
The new bill aims to strengthen Ukraine’s economy by integrating cryptocurrencies alongside gold and foreign currencies.
Ukraine’s parliament has introduced a bill proposing to allow the National Bank of Ukraine (NBU) to include Bitcoin as part of the country’s state reserves, alongside gold and foreign currencies. The bill 13356 gives the NBU full discretion to buy and manage cryptocurrencies without any obligation.
Supporters argue that incorporating digital assets into national reserves could enhance Ukraine’s macroeconomic stability and boost the digital economy.
Lawmaker Yaroslav Zhelezniak said the flexible framework lets the NBU decide when, how, and how much cryptocurrency to acquire independently.
Several countries, including the US, El Salvador, Switzerland, and Brazil, are exploring or already hold cryptocurrencies in their reserves. Ukraine’s move aligns with this global trend and signals an openness to financial innovation, potentially improving its attractiveness to investors and fintech firms.
While cautious, the bill represents a step towards modernising Ukraine’s economic policy and integrating emerging financial technologies.
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