The Verkhovna Rada registered draft law No. 13356 on the national bank regarding the inclusion of virtual assets in the gold and currency reserves of Ukraine. About this reported First Deputy Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Yaroslav Zheleznyak.
“Ukraine may have its own crypto-reserve. We have registered such an initiative. According to the draft law, we give the National Bank the right to include virtual assets in the reserves of Ukraine. However, how, when and how much should be the decision of the regulator itself. That is, we do not oblige and leave it to their professional choice.”– said Zheleznyak.
He noted that, according to the People’s Deputies, such a step integrates Ukraine into global financial innovations. And proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy.
“The idea is not new: the US is already forming a strategic crypto reserve and many initiatives at the level of individual states, El Salvador, China used BTC to attract \$20 billion. Switzerland, Brazil, Pakistan, Kyrgyzstan, some EU countries, and the Czech Republic itself, are also working on including virtual assets in reserves”, – concluded Zheleznyak.
