Ukraine Introduces Bill to Add Bitcoin to National Reserves

Ukraine Introduces Bill to Add Bitcoin to National Reserves

The bill, filed under registration number 13356 on June 10, 2025, was introduced during the 13th session of the IX convocation. It falls under the “Economic Policy” rubric and is backed by a coalition of Ukrainian lawmakers, including Yaroslav Zheleznyak, Oleksii Zhmerenetskyi, and Maksym Buzhanskyi, among others. The proposed amendment seeks to allow the National Bank of Ukraine to diversify its reserve holdings by incorporating Bitcoin and oth…

The Role of Bitcoin in National Reserves

The emergence of Bitcoin as a cryptocurrency has been nothing short of revolutionary. The decentralized cryptocurrency has proved that it is possible to make payments without relying on conventional fiat currencies. Bitcoins first came into existence in the year 2008. Since then, the popularity of these novel currencies has reached new heights. This is evident from the fact that at the beginning of 2025, corporates held 1.68 million BTC, which g…