Digital Assets Regulation: Ukraine Sets Up National Bitcoin Reserve

Ukrainian authorities are laying the groundwork for a National Bitcoin Reserve as part of a broader strategy towards digital assets regulation.

Lawmaker Yaroslav Zhelezniak confirmed that draft legislation is nearing completion, with the goal of supporting the creation of a strategic national Bitcoin reserve.

The initiative comes amid growing global momentum for digital assets and follows similar moves by the United States to establish a national cryptocurrency reserve.

This latest development marks a significant turn in Ukraine’s ongoing efforts to regulate the crypto sector.

Earlier this year, the Finance, Tax and Customs Policy Committee approved a draft bill aimed at formalising digital asset regulations.

Although the bill was later withdrawn due to legislative hurdles, current discussions about establishing a Bitcoin reserve suggest renewed commitment to crypto reform.

It not yet clear however, the authority to be vested with the task of establishing standards for the regulation of the national bitcoin reserve.

Proposals include forming a dedicated regulatory body or assigning oversight to existing institutions such as the National Bank of Ukraine.

However,  Regional Head of Binance for Central Asia, Central and Eastern Europe, and Africa, Kiril Khomyakov , has welcomed the initiative, emphasising the importance of clear legislative frameworks to attract institutional investment and strengthen the country’s digital economy.

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The timing of Ukraine’s proposed reserve coincides with widespread expectations of a Bitcoin price rally and rising institutional interest globally.

Support from major economies like the U.S. has added further momentum to the growing acceptance of cryptocurrency as part of national economic strategy.

What Is A Strategic Bitcoin Reserve?

Strategic Bitcoin reserve is a reserve asset, funded by the United States Treasury‘s forfeited bitcoin, announced by President Donald Trump in March 2025.

The reserve will be capitalized with bitcoin already owned by the federal government, the United States being the largest known state holder of bitcoin in the world, estimated to hold about 200,000 BTC, as of March 2025

The reserve has provoked mixed reactions, some applauding it and others ourtightly slamming it, Wikipedia filings show.