Ukraine's draft law, submitted on June 10, 2025, allows its central bank to hold Bitcoin and other virtual assets as part of its national reserves. While this does not automatically include Bitcoin on its balance sheet, it gives the National Bank of Ukraine the flexibility to do so in the future. This initiative comes as Ukraine faces significant financial challenges following the Russian invasion in 2022, relying heavily on international aid. The government's previous use of Bitcoin for fundraising highlights its ongoing commitment to digital resources and innovation.
"Whether and to what extent they actually do so, is up to the institution itself." - Yaroslav Zhelezniak, co-sponsor of the bill, emphasizing flexibility in adopting Bitcoin.
Ukraine's introduction of a bill to allow Bitcoin in reserves reflects an ongoing commitment to digital innovation amid financial pressures since the Russian invasion.
Collection
[
|
...
]