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The Verkhovna Rada announces a new bill on cryptoresher

In Ukraine, a draft law on the creation of a state cryptore. The initiative stipulates that the National Bank or other Authorized Regulator will be able to decide whether virtual assets should be added to government reserves, as well as to determine which cryptocurrencies can be used.

Yaroslav Zheleznyak, the first deputy chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy. According to him, the document is at the final stage of preparation and can be registered in parliament in the near future.

Zheleznyak explained that the regulator will be able to choose digital assets. In particular, if you make a decision to store some of the reserves in bitcoins or other cryptocurrencies, it will be possible.

He also stressed that the market for virtual assets is changing rapidly, and excessive regulation can interfere with its development, so the bill provides a more flexible approach.

Earlier, the Chairman of the Committee Danilo Getmantsev expressed doubts about the expediency of creating a cryptorester. However, Zheleznyak noted that the Getmantsev did not participate in the preparation of the bill, which was created with the participation of the National Bank, representatives of the crypto industry and experts.

The document can open up new opportunities to update the public finance system according to modern international practices.

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