Ukraine Proposes Amendments To Law To Include Digital Assets In National Strategic Reserve
BY
Ben Graham
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On 10 June 2025, Ukraine introduced a draft law amending the Law “On the National Bank of Ukraine” regarding the inclusion of virtual assets in the gold and foreign exchange reserves.
To put it simply, the proposed amendments will allow digital assets like Bitcoin to be included in the country’s gold and financial reserves. Notably, the country is moving rather quickly to establish its crypto reseve.
The move comes just days after Yaroslav Zhelezniak, a Ukrainian lawmaker who helps oversee the country’s finance and tax policy, announced the intention of a crypto reserve on Telegram.
“We, as members of parliament, believe this step will help integrate Ukraine into global financial innovation,” said Zhelezniak. Proper management of crypto reserves could strengthen macroeconomic stability and unlock new opportunities for digital economic growth.”
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Ukraine Has Been Raising Crypto Donations Since War With Russia Started
Helping out behind the scenes is Binance, the crypto exchange that seems to have a backchannel to every government on the planet. They’re advising on how to shape the legislation so it makes sense and won’t blow up in anyone’s face later. Binance has done similar work in other countries, so they’re kind of the usual suspect when it comes to crypto policy consulting.
Explore: Ukraine Plans to Add Bitcoin to National Reserves
If Ukraine’s idea of a crypto reserve feels sudden, it’s not. Since the war with Russia started, Ukraine has become one of the most crypto-native countries out there. They’ve raised over $100 million in crypto donations to help fund everything from defense to humanitarian aid. That real-world use case likely helped shift some mindsets in government, from “What is this magic internet money?” to “Maybe we should take this seriously.”
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Key Takeaways
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