On June 10, 2025, Ukraine introduced a law design that modified the law “on the Ukrainian National Bank” regarding the inclusion of virtual activities in the reserves of gold and foreign currency.
To put it simply, the proposed amendments will allow including digital goods such as Bitcoin in the country’s gold and financial reserves. In particular, the country is moving rather quickly to establish its cryptocurrency.
The move comes a few days after Yaroslav Zhelezniak, a Ukrainian legislator who helps to supervise the country’s financial and fiscal policy, has announced the intention of a cryptocurrency reserve on Telegram.
“We, as members of Parliament, we believe that this passage will help to integrate Ukraine into global financial innovation,” said Zhelezniak. A correct management of crypt reserves could strengthen macroeconomic stability and unlock new opportunities for digital economic growth. “
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Ukraine can add cryptocurrencies to its national reserves.
A new bill would allow the central bank of the country to hold goods such as Bitcoin together with gold and foreign currency, but the decision would be fully up to the bank. pic.twitter.com/hinv4pbqxz
– Satoshi Club (@esatoshiclub) 11 June 2025
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Ukraine has collected cryptocurrency donations since war began with Russia
Helping behind the scenes is Binance, the exchange of cryptocurrencies that seems to have a backchannel for each government of the planet. They are advising how to model legislation so that it makes sense and does not explode in the face of anyone later. Binance has done a similar job in other countries, so they are a bit the usual suspicion when it comes to encryption political advice.
Explore: Ukraine plans to add Bitcoin to national reserves
If the idea of ​​Ukraine of a cryptocurrency reserve feels sudden, it is not. Since war began with Russia, Ukraine has become one of the most cryptographic countries. They collected over $ 100 million in cryptocurrency donations to help finance everything from defense to humanitarian aid. That case of use in the real world probably contributed to moving some mentalities in the government, from “What is this magical money on the internet?” “Maybe we should take him seriously.”
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The amendments proposed by Ukraine will allow digital resources as Bitcoin to be included in the country’s gold and financial reserves.
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Since war began with Russia, Ukraine has become one of the most cryptographic countries. They collected over $ 100 million in cryptocurrency donations to help finance everything from defense to humanitarian aid.
The Ukrainian post proposes amendments to the law to include digital activities in the national strategic reserve appeared first out of 99 bitcoins.