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Ukraine Plans National Bitcoin Reserve, Says Lawmaker Yaroslav Zheleznyak

Published by
Mustafa Mulla

Ukraine is getting ready to do something big with Bitcoin. The government is working on a new law that could let the country officially hold Bitcoin as part of its national reserves. Member of Parliament Yaroslav Zheleznyak says the bill is almost ready. If this happens, Ukraine could join the short list of countries treating Bitcoin like a key financial asset.

Ukraine Draft Bitcoin Bill

Ukrainian lawmaker Yaroslav Zheleznyak has confirmed that a draft bill is being finalized to allow the government to create a strategic Bitcoin reserve. This move is part of a bigger vision to integrate digital assets into national policy and improve Ukraine’s financial preparedness. 

He first hinted at the idea back in February 2025, but this time, the legislative text is almost ready. The proposal would open the door for Ukraine to legally create crypto reserves, including Bitcoin.

While details remain unclear, it shows Ukraine is getting more serious about using digital assets in its financial plans.

Ukraine Working On Crypto Legalization

Alongside the Bitcoin reserve plan, Ukraine is working on a broader crypto regulation bill, which is expected to be finalized in the first quarter of 2025. 

In a statement made back in December, Daniil Getmantsev, head of the Verkhovna Rada’s Tax Committee, revealed that a specialized group is coordinating with the National Bank of Ukraine and the International Monetary Fund (IMF) to shape the new law.

The upcoming legislation is set to introduce clear rules for crypto taxation and anti–money laundering procedures. 

Binance Backs the Idea

Kirill Khomyakov, who heads Binance operations in several key regions, including Central and Eastern Europe, has expressed support for Ukraine’s plan. According to him, forming a crypto reserve will require major updates to existing laws. 

He also noted that these efforts could finally bring clarity to how digital assets are treated under Ukrainian law.

Only 4% of the World Owns Bitcoin

Globally, only 4% of people own Bitcoin, and Ukrainians are among the early adopters. While Ukraine still lacks a complete legal framework, these recent developments could soon change that.

If passed, these laws may not only bring crypto into Ukraine’s mainstream economy.

FAQs

Which countries already have Bitcoin reserves?

Germany, Switzerland, and parts of the U.S. have started integrating Bitcoin into national or state reserves.

How many people worldwide own Bitcoin?

Only about 4% of the global population owns Bitcoin, with Ukrainians among early adopters.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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