Ukrainian lawmakers have submitted a new draft law that could allow the National Bank of Ukraine to hold and manage cryptocurrencies. Known as Bill 13356 the proposal gives the central bank the authority to acquire sell and use digital assets including for international debt payments. This move signals a shift toward integrating crypto into Ukraine’s national financial strategy.

The bill includes a key provision enabling the repayment of loans to foreign creditors using virtual assets. Supporters say this could open the door for Ukraine to access loans in stablecoins and other cryptocurrencies which may help ease financial strain amid ongoing economic pressure. Lawmaker Yaroslav Zhelezniak a co-sponsor of the bill highlights that the bank will have the right but not the obligation to use crypto.

Zhelezniak recently discussed the proposal with Binance executive Kyrylo Khomiakov suggesting Ukraine sees value in crypto-backed reserves. The bill has support from digital economy experts but its passage by parliament remains uncertain.