Ukrainian Lawmakers Submit Bill for Creation of Crypto Reserve
Ukrainian lawmakers have taken the first step towards the creation of a crypto reserve.
A group of eight deputies of Ukraine’s parliament, the Verkhovna Rada, submitted a bill which would authorize the country’s National Bank to include “virtual assets in the gold and foreign exchange reserves,” on Tuesday.
The bill’s principal sponsor is Yaroslav Zheleznyak, who serves as first deputy chairman of the Committee on Finance, Tax and Customs Policy. Zheleznyak described the bill as a “step [to] integrate Ukraine into global financial innovations,” in a post on Telegram.
“Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,” he…
