The Verkhovna Rada registered the Bill No. 13356, which can significantly change the approach to the formation of Ukraine's foreign exchange reserves. The initiators of the document propose to allow the consideration of virtual assets as a separate component of the national reserve.
The project of the law provides for amendments to the current Law on the National Bank of Ukraine. Although the full text of the document has not been published at this time, its card is already available on the Parliament's website. Representatives of various political factions, including Yaroslav Zheleznyak, Alexei Zhmerenetsky, Maxim Buzhansky, Pavel Frolov and Yaroslav Yurchyshyn, worked on the initiative.
To date, the structure of Ukraine's foreign exchange reserves includes foreign currency (including US dollars, euros, pounds of sterling and Japanese yen), physical gold, special IMF borrowing rights and other highly liquid financial instruments. Virtual assets - cryptocurrencies, tokens, steiblcoins - are not included in this list.
The idea of creating cryptoresis can be a kind of answer to global challenges in the field of finance and security, in particular, taking into account the experience of sanctions restrictions, currency collapses and the need for diversification of tools.
As of June 1, 2025, Ukraine's international reserves amounted to $ 44.53 billion. During May, the volume decreased by 4.6% due to foreign exchange interventions and public debt. In part, the losses were offset by the EU revenues ($ 1.12 billion) and the sale of foreign exchange bonds ($ 227.6 million).
The proposed initiative can be a step towards integration of digital assets into the public financial management system. However, it will need to regulate a number of issues before its implementation: the legal status of cryptocurrencies, the procedure for accounting, the assessment of volatility and storage tools.
Analysts expect that the details of the document and the NBU's reaction will be decisive for further discussion around the feasibility of creating cryptocurrency.
