“In Ukraine, an initiative has emerged that can significantly change the state’s financial policy – deputies have registered a bill that allows the National Bank to include virtual assets in state reserves. This was reported by the Deputy Chairman of the Tax Committee Yaroslav Zheleznyak, emphasizing that the final decision on the volume and time of implementation will remain with the regulator. The law does not oblige the NBU to compulsory use of cryptocurrencies”, – WRITE ON: ua.news
In Ukraine, an initiative has emerged that can significantly change the state’s financial policy – deputies have registered a bill that allows the National Bank to include virtual assets in state reserves.
This was reported by the Deputy Chairman of the Tax Committee Yaroslav Zheleznyak, emphasizing that the final decision on the volume and time of implementation will remain with the regulator.
The law does not oblige the NBU to use cryptocurrencies, but only opens new opportunities for it.
Zheleznyak noted that such a step would be an important stage of Ukraine’s integration into world financial innovations. In his opinion, the competent management of “crypto-reserves” is able to strengthen the macroeconomic stability of the country, as well as to create additional prospects for the development of a digital economy.
Deputies are convinced that Ukraine should keep up with the leading countries that are already implementing similar approaches in their financial systems.
World experience shows that strategic cryptoresians are already forming states such as the United States – the initiatives are implemented here both at the federal and individual states. Salvador became one of the first to officially recognize Bitcoin as part of the state reserve.
China has used BTC to attract more than $ 20 billion in investment. Switzerland, Brazil, Pakistan, Kyrgyzstan, as well as some EU countries, including the Czech Republic, are actively working on the inclusion of virtual assets in their reserves.
Recall that the sharp increase in the value of Bitcoin stimulates companies working with digital assets, actively enter the financial markets for the sake of raising capital to buy cryptocurrency.
We also reported that Swiss National Bank President Martin Schlegel has officially confirmed that SNB would not include Bitcoin in the country’s foreign exchange reserves.
