Ukraine Makes Crypto History: Draft Law Proposes Adding Bitcoin to National Reserves
Ukraine just fired the starting gun on a financial revolution—lawmakers are pushing to make Bitcoin legal reserve currency. No more waiting for IMF bailouts when you can HODL your way to sovereignty.
The Draft That Changes Everything
Kyiv’s latest move isn’t just symbolic—it’s a middle finger to traditional finance. The bill would let Ukraine’s central bank stack BTC alongside gold and forex reserves. Take that, Wall Street.
Why This Matters
Forget dipping toes in the water—this is a cannonball into crypto’s deep end. If passed, Ukraine becomes the first nation to treat Bitcoin like monetary gold. Meanwhile, the SEC’s still debating whether it’s a security.
One banking oligarch probably just choked on his caviar.
Ukraine’s Bill 13,356: A Move Toward Bitcoin Reserves
The official Ukrainian parliamentary portal has published bill No. 13,356, which would amend existing law to include VIRTUAL assets—especially cryptocurrencies like Bitcoin—among the National Bank of Ukraine’s gold and currency reserves. This public move highlights the country’s intent to recognize digital assets as a fundamental component of its financial structure.
The legislation creates a foundation for virtual assets to join traditional reserve assets, aligning Ukraine with leading developments in global finance.
“We, the members of parliament, believe this step will integrate Ukraine into global financial-innovation trends. Proper management of crypto-reserves can strengthen macro-economic stability and open new opportunities for the digital economy,” MP Yaroslav Zhelezniak wrote in his Telegram channel
With the bill’s introduction, interest has spread well beyond government circles. crypto industry observers and policymakers worldwide are watching closely, seeing Ukraine’s effort as potentially pioneering for sovereign crypto adoption.
Public Response and Social Engagement
The disclosure of Bill 13,356 led to immediate and widespread reactions on social media. Influential crypto users and market analysts on platforms such as X highlighted Ukraine’s quick and bold approach. Global online coverage quickly amplified the news.
“Sovereign crypto adoption is accelerating faster than expected,” an X (Twitter) user wrote.
This post captures the fast-paced mood of the crypto community, emphasizing the urgency and significance of Ukraine’s action. As public interest builds, more investors and analysts are debating its potential impact on global crypto adoption.
The National Bank of Ukraine has yet to release a statement regarding the inclusion of Bitcoin or other digital assets in its official reserves. However, further statements can be expected as the legislative process continues.
Parliamentary negotiations and debate will determine if the bill becomes law. Even if enacted, operational and regulatory frameworks must precede the addition of digital assets to state reserves. Ukraine’s proposed changes could, therefore, set the stage for significant shifts in both national and European monetary policy.
Across the world, few governments have considered similar measures. Regardless of the final outcome in parliament, Ukraine’s draft bill signals a willingness to innovate within top-level financial governance. As the digital asset market changes quickly, Ukraine’s initiative may shape central bank strategies in Europe and around the globe.
