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 authorized, may set up a authorized framework for digital belongings aligned with European requirements.
“The preparation of a draft regulation on taxation of transactions with digital belongings is at present within the remaining stage,” Danylo Hetmantsev, head of the parliamentary committee on finance, tax and customs coverage, advised Cointelegraph.
“It’s 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 come back ahead and legalize beforehand acquired digital belongings. Beneath the regulation, holders in search of to legalize belongings would pay a 5% private earnings tax and 5% navy responsibility, Hetmantsev reportedly said.
Ukraine has a historical past of regulatory begins and stops pertaining to the crypto trade. In 2022, the Verkhovna Rada, the nation’s unicameral parliament, passed laws legalizing crypto exchanges. Nevertheless, progress on taxing crypto transactions has been sluggish.
In December 2024, the federal government disclosed plans for new legislation that may tax cryptocurrency buying and selling equally to securities, making use of taxes when belongings are transformed into fiat foreign money.
In April 2025, Ukraine’s monetary regulator proposed taxing certain crypto transactions at a fee of as much as 23% however left room for excluding crypto-to-crypto and stablecoins transactions.
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Ukraine follows different international locations with taxation and reserve payments
In one other crypto effort, legislators launched in June a invoice to permit the Nationwide Financial institution of Ukraine to include cryptocurrencies resembling Bitcoin (BTC) in its reserve. The plan was announced in Might at a convention in Kyiv.
According to BitcoinTreasuries.internet, Ukraine is the fourth-largest holder of Bitcoin amongst governments, with 46,351 BTC value $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 executive order making a strategic Bitcoin reserve within the nation on March 6, whereas Kazakhstan announced plans to form a similar crypto reserve on June 30.
Crypto exercise has surged in Eastern Europe, with the area receiving $499 billion value of crypto flows between July 2023 and June 2024.
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