Ukraine Lawmakers Introduce Bill On Crypto Asset Reserve

Ukrainian lawmakers have introduced a draft bill that would allow the National Bank of Ukraine (NBU) to include cryptocurrencies like Bitcoin in the country’s reserves.
Submitted to Ukraine’s parliament, the Verkhovna Rada, on Tuesday, bill number 13356 proposes amendments to the law “On the National Bank of Ukraine” regarding the inclusion of crypto assets alongside gold and foreign currencies.
While authorizing the central bank to acquire cryptocurrencies like Bitcoin (BTC) as part of state reserves, the bill would not require the authority to do so, according to Yaroslav Zhelezniak, a member of parliament who confirmed the introduction of the bill on his Telegram channel.
The central bank would retain full discretion over whether to allocate any portion of its reserves to crypto, how much to allocate and when to do so.
“How, when and how much should be the decision of the regulator itself,” Zhelezniak said.
Crypto reserves to strengthen macroeconomic stability
Although leaving the final decision to the NBU, the lawmakers support the creation of a potential state crypto asset reserve as a step that will integrate the country into global financial innovations, Zhelezniak said.
“Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,” he wrote in a statement on Telegram.
Additionally, the lawmaker discussed the possibility of establishing a state crypto reserve in a video commentary with Binance’s regional head for Central and Eastern European countries and Central Asia, Kirill Khomyakov.
In the video, Zhelezniak mentioned the increasing number of global jurisdictions pushing strategic reserves, including countries like the United States, El Salvador, Switzerland, Brazil and others.
This is a developing story, and further information will be added as it becomes available.
Magazine: US risks being ‘front run’ on Bitcoin reserve by other nations: Samson Mow
Bitcoin (BTC) $ 116,104.00
Ethereum (ETH) $ 3,632.27
XRP (XRP) $ 3.06
Tether (USDT) $ 1.00
BNB (BNB) $ 775.04
Solana (SOL) $ 180.65
USDC (USDC) $ 0.999849
Dogecoin (DOGE) $ 0.227172
Lido Staked Ether (STETH) $ 3,624.17
TRON (TRX) $ 0.316848
Cardano (ADA) $ 0.792106
Wrapped Bitcoin (WBTC) $ 116,069.00
Hyperliquid (HYPE) $ 43.01
Wrapped stETH (WSTETH) $ 4,386.66
Sui (SUI) $ 3.76
Stellar (XLM) $ 0.414304
Chainlink (LINK) $ 17.68
Wrapped Beacon ETH (WBETH) $ 3,909.49
Bitcoin Cash (BCH) $ 540.57
Hedera (HBAR) $ 0.252581
Wrapped eETH (WEETH) $ 3,889.34
Avalanche (AVAX) $ 23.38
Litecoin (LTC) $ 111.29
LEO Token (LEO) $ 8.97
WETH (WETH) $ 3,630.80
Shiba Inu (SHIB) $ 0.000014
Toncoin (TON) $ 3.13
USDS (USDS) $ 0.999875
Ethena USDe (USDE) $ 1.00
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
WhiteBIT Coin (WBT) $ 43.39
Coinbase Wrapped BTC (CBBTC) $ 116,110.00
Polkadot (DOT) $ 3.99
Uniswap (UNI) $ 10.07
Monero (XMR) $ 324.33
Bitget Token (BGB) $ 4.48
Pepe (PEPE) $ 0.000012
Aave (AAVE) $ 288.83
Ethena Staked USDe (SUSDE) $ 1.19
Cronos (CRO) $ 0.127126
Bittensor (TAO) $ 409.76
Dai (DAI) $ 0.999636
Ethena (ENA) $ 0.545891
Pi Network (PI) $ 0.439204
Ethereum Classic (ETC) $ 22.12
NEAR Protocol (NEAR) $ 2.72
Ondo (ONDO) $ 1.01
Aptos (APT) $ 4.66
Internet Computer (ICP) $ 5.45
Jito Staked SOL (JITOSOL) $ 220.08
OKB (OKB) $ 47.90
Bonk (BONK) $ 0.000033
Kaspa (KAS) $ 0.096555
Mantle (MNT) $ 0.752429
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Pudgy Penguins (PENGU) $ 0.036911
Algorand (ALGO) $ 0.258945
Arbitrum (ARB) $ 0.430344
USD1 (USD1) $ 1.00
Binance-Peg WETH (WETH) $ 3,636.62
VeChain (VET) $ 0.025034
Cosmos Hub (ATOM) $ 4.59
Gate (GT) $ 17.50
Render (RENDER) $ 4.03
POL (ex-MATIC) (POL) $ 0.228464
Worldcoin (WLD) $ 1.12
Official Trump (TRUMP) $ 9.83
Fasttoken (FTN) $ 4.51
Sky (SKY) $ 0.091129
Artificial Superintelligence Alliance (FET) $ 0.717361
Sei (SEI) $ 0.320281
Binance Staked SOL (BNSOL) $ 191.93
Filecoin (FIL) $ 2.58
sUSDS (SUSDS) $ 1.06
Rocket Pool ETH (RETH) $ 4,138.67
Lombard Staked BTC (LBTC) $ 116,052.00
Kelp DAO Restaked ETH (RSETH) $ 3,810.42
SPX6900 (SPX) $ 1.72
Jupiter (JUP) $ 0.528865
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.01
Flare (FLR) $ 0.022193
Story (IP) $ 5.23
KuCoin (KCS) $ 12.03
USDtb (USDTB) $ 0.999459
XDC Network (XDC) $ 0.085362
StakeWise Staked ETH (OSETH) $ 3,824.28
USDT0 (USDT0) $ 1.00
First Digital USD (FDUSD) $ 0.997107
Curve DAO (CRV) $ 0.982656
Mantle Staked Ether (METH) $ 3,893.27
Celestia (TIA) $ 1.85
Liquid Staked ETH (LSETH) $ 3,921.61
NEXO (NEXO) $ 1.33
Injective (INJ) $ 13.37
Fartcoin (FARTCOIN) $ 1.26
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Stacks (STX) $ 0.775348
Renzo Restaked ETH (EZETH) $ 3,828.10
Optimism (OP) $ 0.689165
FLOKI (FLOKI) $ 0.000124