Ukraine Pushes Crypto Regulation Bill with 5 Tax on Digital Assets Legalization
– Ukraine advances a crypto regulation bill to legalize digital assets and impose a 5% tax on Bitcoin holdings, aligning with European standards.
– The legislation, set for late August 2025 parliamentary review, aims to formalize taxation and legal status for individuals and businesses.
– A parallel bill permits the National Bank of Ukraine to hold Bitcoin in reserves, joining nations like the U.S. and Kazakhstan in exploring crypto as a reserve asset.
– Ukraine’s 46,351 BTC holdings (global top four) highlight its strategic push for transparency and foreign investment in digital assets.
– Challenges include cross-border compliance and misuse risks, though the framework seeks to balance innovation with regulatory oversight in…
