Ukrainian Parliament Goes Crypto: Is This the Future or Just a Fad? 🤔💸

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So, Ukrainian lawmakers have decided to throw a little crypto party! 🎉 They’ve introduced a draft bill that would let the National Bank of Ukraine (NBU) add cryptocurrencies like Bitcoin to the country’s reserves. Because, you know, why not mix digital coins with gold and foreign currencies? Sounds like a fun cocktail! 🍹

Submitted to the Verkhovna Rada on Tuesday, bill number 13356 is all about making amendments to the law “On the National Bank of Ukraine.” It’s like a makeover, but for money! 💄

Now, before you get too excited, this bill doesn’t force the central bank to buy Bitcoin. Nope! According to Yaroslav Zhelezniak, a member of parliament (and probably a crypto enthusiast), it’s more like a suggestion. The NBU can decide if they want to dive into the crypto pool or just dip a toe in. 🏊‍♂️

“How, when, and how much should be the decision of the regulator itself,” Zhelezniak said. So, basically, they’re keeping it casual. 😏

Crypto Reserves: The New Gold? 💰

While the final decision is up to the NBU, lawmakers are all for creating a state crypto asset reserve. Zhelezniak claims it’s a step towards integrating Ukraine into global financial innovations. Because who doesn’t want to be trendy? 🌍✨

“Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,” he wrote on Telegram. Sounds fancy, right? 📈

In a video chat with Binance’s regional head for Central and Eastern Europe, Kyrylo Khomiakov, Zhelezniak discussed the potential state crypto reserve. Apparently, Binance has been giving advice to multiple governments on setting up crypto reserves. Talk about being the popular kid in school! 🏫

Also, shoutout to Petr Bilyk, who’s not just a head of AI practice at a law firm but also a member of Ukraine’s expert committee on AI development. Because why not have a tech whiz on board? 🤖

Crypto Asset Reserve: “Has the Right to Life” 💪

In the video, Zhelezniak made it clear that just because they’re introducing this draft bill doesn’t mean the Ukrainian government is waving a crypto flag. They just don’t want to be left behind while the rest of the world jumps on the crypto bandwagon. 🚀

“This story has the right to life, and, as we see, many countries are implementing it,” he said, referring to the U.S. and El Salvador, who are already playing with state crypto reserves. It’s like a global game of Monopoly, but with real money! 🎲

The news comes as Ukraine is nearing the final stages of introducing a draft bill on a state cryptocurrency reserve. All this while the Russia-Ukraine war continues, and nations are still trying to figure out a peace deal. Because, you know, priorities! 🕊️

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2025-06-11 12:43