Ukraine's parliament has introduced a draft bill to allow Bitcoin and other digital assets into the National Bank of Ukraine's gold and foreign currency reserves

This legislative step has drawn global attention, sparking discussions online. Many experts view it as a milestone for national-level cryptocurrency adoption.

Lawmakers in Ukraine have introduced a draft bill that would allow Bitcoin and other digital assets to be included in the National Bank of Ukraine’s gold and foreign currency reserves, signaling a major shift in the country’s financial policies.

The move, which comes as part of broader efforts to streamline the legal framework for crypto assets at the highest level, has drawn attention from both within and outside Ukraine.

According to the official Ukrainian parliament portal, lawmakers introduced bill No. 13,356, which would amend the existing law ‘On the National Bank of Ukraine and the Organization of Banking in Ukraine’ to include virtual assets.

This addition to the legislation's Article 16 would grant the central bank the authority to manage and use gold, foreign currency reserves, and now also “virtual assets” as part of its broader mandate to ensure price stability and the national currency’s stability.

The legislation further specifies that the central bank's reserves can include "Bitcoin and other types of cryptocurrencies."

This step aligns Ukraine with leading trends in global finance, where major institutions are increasingly engaging with digital assets.

“We, the members of parliament, believe that 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.

The bill's introduction has sparked interest among crypto industry observers and policymakers worldwide, who see Ukraine’s effort as potentially pioneering for national-level cryptocurrency 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, in August, the central bank governor Valeriia Gontareva spoke about the need for clear regulation to attract greater crypto-related investment.

The bank has also been exploring the use of stablecoins for cross-border payments, presenting a report on the topic earlier this year.

Despite the challenges of integrating crypto into existing monetary and financial systems, several economists have pointed to the potential benefits, especially in countries seeking to diversify their reserves.

In May, lawmakers passed a bill introducing a legal framework for virtual assets, paving the way for the central bank to move direct involvement in crypto.

The integration of digital assets into the National Bank of Ukraine’s reserves would still require operational and regulatory frameworks to be put in place.

If the bill is approved by parliament and comes into effect, it could signal a significant shift in both national and European monetary policy. Few governments around the world have considered similar measures.

However, as the digital asset market continues to evolve rapidly, Ukraine’s initiative could set the stage for further changes in central bank strategies across Europe and beyond.