Zheleznyak said that the law will allow the National Bank of Ukraine to create a virtual state reserve, and the Central Bank will receive the right to independently make a decision on when and what volume of cryptocurrency will be added to this reserve. According to Zheleznyak, this step will allow Ukraine to take part in the development of the global financial system.
In conditions of economic instability, the presence of reserves in BTC may be appropriate, since the US dollar weakens, the deputy considered. Proper management of cryptocurrency reserves will help strengthen macroeconomic stability and create new opportunities for the development of a digital economy, believes the deputy chairman of the financial committee.
“This idea is not new: the United States already form a strategic reserve of cryptocurrencies. Other states, including Salvador and China, also implement many cryptocurrency initiatives, attracting multi -billion dollar capital with bitcoin. Switzerland, Brazil, Pakistan, Kyrgyzstan, the Czech Republic and some European Union countries also work on the inclusion of crypto acts in their reserves, ”said Zheleznyak.
The largest crypto -rope of the world Binance promised the Ukrainian authorities to support the creation of a crypto -cutter. However, at the same time, Zheleznyak said that the bill on the regulation of cryptocurrencies in Ukraine was withdrawn from consideration.
Source: Bits

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