The Verkhovna Rada of Ukraine has begun discussing the draft law on the state crypto reserve
Date: 2025-06-11 Author: Henry Casey Categories: IN WORLD
According to MP Zheleznyak, such a step will help Ukraine more actively integrate into the global financial system. In the context of economic instability and the weakening of the US dollar, the presence of reserves in bitcoins can become an important tool for supporting the economy.
The deputy chairman of the financial committee is convinced that effective management of cryptocurrency reserves will strengthen macroeconomic stability and open up new opportunities for the development of the country's digital economy.
The idea of creating state crypto reserves is not unique: the United States is already forming a strategic reserve of crypto assets. Similar initiatives are being implemented by such countries as El Salvador and China, while attracting significant investments using bitcoin. In addition, Switzerland, Brazil, Pakistan, Kyrgyzstan, the Czech Republic and some EU countries are working in this direction.
Binance, the world's largest cryptocurrency exchange, has promised the Ukrainian authorities assistance in creating such a reserve. At the same time, Zheleznyak noted that the bill concerning the general regulation of cryptocurrencies in Ukraine was withdrawn from consideration.
