Ukraine's central bank may add Bitcoin to official reserves

Ukraine's central bank may add Bitcoin to official reserves

Ukraine takes a significant step toward integrating cryptocurrencies into its official financial system by proposing a bill that allows the National Bank to include digital assets, such as Bitcoin, in the state reserves. Submitted on June 10, 2025, the bill amends the legal framework to authorize the use of cryptocurrencies as part of the official gold and foreign currency reserves.

Although the law does not require the central bank to act immediately, this flexibility allows authorities to strategically manage the digital asset portfolio. The initiative reflects a global trend, with countries like the US, El Salvador, and Switzerland beginning to explore using cryptocurrencies to strengthen their reserves.

Amid economic challenges and accelerated digitalization, using cryptocurrencies in reserves could improve Ukraine's macroeconomic stability and open new opportunities for developing its digital economy. This move could also increase investor confidence and integrate Ukraine into modern financial markets, setting a relevant example for other emerging countries.