🇺🇦 Ukraine Set to Vote on Crypto Regulation Bill in Late August

[cryptoenthusiast]

Ukraine is making a key move toward crypto clarity. According to parliamentary officials, a long-anticipated bill regulating digital assets will be presented for first reading in the Verkhovna Rada by the end of August 2025.

🧾 What’s in the bill?

5% income tax + 5% military duty on legalizing previously acquired digital assets

Clear framework for virtual asset taxation, aligned with European standards

Encourages citizens to declare and legitimize holdings under fair terms

“The draft law on crypto taxation is in its final stage,” said Danylo Hetmantsev, head of Ukraine’s finance committee.

Past roadblocks
While Ukraine legalized crypto exchanges in 2022, progress on taxation stalled. Proposed policies since 2024 have included taxing fiat conversions and crypto gains at up to 23% — though exemptions for crypto-to-crypto and stablecoin transactions remain on the table.

Crypto in national reserves?
Ukraine is also weighing a bold move: allowing the National Bank of Ukraine to hold Bitcoin in reserves.
With 46,351 BTC (~$5.4B), Ukraine ranks #4 globally in state-held BTC — just behind the U.S., China, and El Salvador.

The big picture:
Crypto adoption is accelerating in Eastern Europe, with $499 billion in crypto inflows between July 2023 and June 2024.
If passed, this bill could solidify Ukraine’s place among forward-thinking crypto nations like the U.S. and Kazakhstan.

️ All eyes on Kyiv this August.

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