Ukraine to legalize crypto by 2025
Ukraine plans to legalize cryptocurrencies by 2025, focusing on regulation, taxation, and financial stability without offering tax incentives.
Ukraine is set to legalize cryptocurrencies by early 2025, focusing on clear regulations and taxation without offering any special tax incentives. The proposed legislation aims to regulate digital assets, ensuring financial stability while addressing risks such as tax evasion and money laundering.
The draft law, developed with input from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), will impose taxes on cryptocurrency profits converted into fiat currency, treating them similarly to securities trading. A working group is finalizing the bill,…
