Proposal $ETH in Ukraine allows the central bank to include cryptocurrencies in national reserves.

This is a significant step in the world of digital currency! Ukraine's proposal to include Bitcoin and cryptocurrencies in national reserves undoubtedly drops a 'depth charge' into the relationship between global central banks and digital assets! 💥

Get a sneak peek at the proposal details!

According to recent reports, the Ukrainian parliament (Verkhovna Rada) submitted a bill numbered 13356 on June 10. The main content of this bill is to amend the 'Law of the National Bank of Ukraine', aiming to allow the Ukrainian central bank to incorporate crypto assets (such as Bitcoin) into national reserves, alongside gold and foreign exchange reserves.

The key point is: this bill is 'authorizing' rather than 'mandating' the central bank to do so. In other words, how, when, and in what proportion cryptocurrencies are allocated will ultimately be decided by the National Bank of Ukraine.