Ukraine’s parliament plans to conduct the preliminary studying of a crypto regulation invoice by late August, in accordance with authorities officers. The laws, if permitted, might set up a authorized framework for digital property aligned with European requirements.
“The preparation of a draft regulation on taxation of transactions with digital property is at the moment within the remaining stage,” Danylo Hetmantsev, head of the parliamentary committee on finance, tax and customs coverage, instructed Cointelegraph.
“It is estimated that its submission for the primary studying within the Verkhovna Rada is scheduled for the top of August 2025.”
A key provision within the invoice is the flexibility for people to return ahead and legalize beforehand acquired digital property. Under the regulation, holders searching for to legalize property would pay a 5% private revenue tax and 5% army responsibility, Hetmantsev reportedly stated.
Ukraine has a historical past of regulatory begins and stops pertaining to the crypto business. In 2022, the Verkhovna Rada, the nation’s unicameral parliament, handed laws legalizing crypto exchanges. However, progress on taxing crypto transactions has been gradual.
In December 2024, the federal government disclosed plans for brand new laws that will tax cryptocurrency buying and selling equally to securities, making use of taxes when property are transformed into fiat forex.
In April 2025, Ukraine’s monetary regulator proposed taxing sure crypto transactions at a price of as much as 23% however left room for excluding crypto-to-crypto and stablecoins transactions.
Related: What the Russia-Ukraine warfare has revealed about crypto
Ukraine follows different nations with taxation and reserve payments
In one other crypto effort, legislators launched in June a invoice to permit the National Bank of Ukraine to incorporate cryptocurrencies equivalent to Bitcoin (BTC) in its reserve. The plan was introduced in May at a convention in Kyiv.
According to BitcoinTreasuries.internet, Ukraine is the fourth-largest holder of Bitcoin amongst governments, with 46,351 BTC price $5.4 billion at this writing.
If signed into regulation, the laws would place the nation among the many few jurisdictions with a codified cryptocurrency reserve. US President Donald Trump signed an govt order making a strategic Bitcoin reserve within the nation on March 6, whereas Kazakhstan introduced plans to kind an identical crypto reserve on June 30.
Crypto exercise has surged in Eastern Europe, with the area receiving $499 billion price of crypto flows between July 2023 and June 2024.
Magazine: AI Eye: ‘Slaughterbot’ drones in Ukraine, MechaHitler turns into attractive waifu
