Ukraine may create a national reserve in bitcoins
Date: 2025-05-15 Author: Gabriel Deangelo Categories: IN WORLD
Work on a bill that will allow the state to create a national bitcoin reserve has intensified in Ukraine. This was reported by the first deputy head of the parliamentary committee on financial policy, Yaroslav Zheleznyak. According to him, the document is still in the preparation stage and will be submitted in the near future.
Zheleznyak mentioned similar initiatives back in February 2025, but did not disclose specific details at the time. He only noted that a bill would soon be submitted by representatives of the crypto industry that would pave the way for the creation of digital reserves at the state level.
Representatives of the cryptocurrency sector responded positively to the possible innovation. The head of Binance in the countries of Central and Eastern Europe, as well as Central Asia and Africa, Kirill Khomyakov, said that the company supports Ukraine's desire to form a crypto reserve. At the same time, he noted that the implementation of such an idea will require serious changes in legislation, so the process will not be easy and fast.
Khomyakov also added that the potential creation of a reserve will contribute to the formation of a clearer legal framework for crypto assets in the country. This is important, since the state will have to clearly define its attitude to digital currencies.
It should be noted that in recent months, Ukraine has been actively working on regulating the cryptocurrency sector. Thus, at the end of April, the relevant parliamentary committee unanimously approved a bill concerning virtual assets. It was assumed that the document would be sent to the Verkhovna Rada for the first reading.
However, unexpectedly, the bill was withdrawn from consideration at the initiative of the President's Office. As Zheleznyak explained, the reason was the opinion of the National Commission on Securities and the Stock Market, in particular its head Ruslan Magomedov.
Later, the Commission issued a statement in which it denied its involvement in blocking the legislative initiative. Representatives of the regulator emphasized that they do not have the authority to make such decisions, and announced the transfer to parliament of a list of 80 comments and suggestions for the updated version of the bill.
Thus, despite temporary difficulties with legislative registration, Ukraine continues to move towards the integration of digital assets into the economy at the state level, even considering the possibility of forming cryptocurrency reserves.
