Ukrainian Lawmakers Introduce Bitcoin and Crypto Reserve Bill

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Ukrainian Lawmakers Go Crypto: Is This a Financial Revolution or Just a Trendy Fad? 💸

In a delightful twist of fate, Ukrainian lawmakers have decided to hop on the global crypto bandwagon, introducing a draft law that aims to sprinkle a bit of Bitcoin magic into the National Bank of Ukraine’s (NBU) reserve pot. Who knew that amidst the chaos of war, a dash of virtual assets could add some sparkle to the national treasure? ✨

As per the document shared on June 10, 2025, under the rather catchy draft law number 13356, this initiative is a bold leap toward state-level cryptocurrency adoption. Because, really, what’s a little economic turmoil without a side of Bitcoin? 🍾

During the 13th session of the Verkhovna Rada—yes, that’s a thing—the bill aims to diversify Ukraine’s national reserves by inviting virtual assets to join the party alongside traditional gold and foreign currency. Imagine the NBU managing a portfolio that includes Bitcoin! It’s like inviting your quirky cousin to a formal dinner—unexpected but oh-so-exciting! 🎉

Yaroslav Zhelezniak, a member of the Ukrainian parliament, confirmed the bill via his Telegram channel, assuring us that the bank will make its own purchasing decisions, free from government meddling. Because nothing says “trust us” like a government official on Telegram, right? 😏

Ukraine’s proposal is in line with a growing global trend where nations are exploring the integration of cryptocurrencies into their financial systems. The United States is seeing a surge in institutional interest, thanks to the launch of Bitcoin Exchange-Traded Funds (ETFs). Meanwhile, El Salvador has already taken the plunge, adopting Bitcoin as legal tender and attracting foreign investment like moths to a flame. 🦋

With the bill now under review by the Verkhovna Rada’s economic policy committee, public consultations are expected to follow. If passed, Ukraine could become the first European nation to formally integrate virtual assets into its national reserves. Who knows? This could set a precedent for other war-torn or economically strained countries. After all, if you can’t beat them, might as well join the crypto party! 🎊

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2025-06-11 13:57