🔹 Today, Ukrainian cryptocurrency legislation looks like an unfinished bridge — taxation exists, but there are no rules.
Want to sell your Bitcoin and be honest? Pay:
18% PIT + 5% military tax = 23% of net profit.
And it doesn’t matter whether you trade on Binance or just sent USDT to a friend — in theory, that’s already income.
🔹 And what if you are an individual entrepreneur? Here’s a surprise — crypto is not included in any KVED.
Officially, you cannot sell, buy, exchange, or accept it as payment.
But you can get fined.
🔹 Mining, staking, farming, airdrop — these terms sound to the tax authorities like something between magic and abuse.
There are no clear norms — there are risks and “proving your rights” in court if they find out.
☑️ And now the promise being promoted through bill No. 10225, adapting to MiCA:
➤ 5% PIT during the first year of the law's enactment
➤ 9% PIT for the next five years.
➤ 18% PIT after this — forever.
➤ Crypto-to-crypto exchange without tax (as in MiCA)
➤ Virtual assets without VAT, except for certain tokens
➤ The possibility to work through a 'regulatory sandbox' — businesses do not go through licensing for the first 3 years.
🪙 Sounds good.
But the law has still not been passed.
The adaptation of MiCA has been postponed for a year because changes need to be made to the Tax Code, the Civil Code, and convince half of the parliament that crypto is not a cult.
🧠 The irony is that a course towards Europe is declared, but the reality is the same old good uncertainty.
They want it like in the EU, but the tax pressure is like in a banana republic.
🔻 And while European investors get the rules of the game — Ukrainians get a letter:
“Explain the source of your 0.03 BTC”
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📌 Conclusion
Taxes exist — rules do not.
MiCA is on the horizon, but without an arrival date.
Preferential 5%? Only after the law is passed. And it’s not a fact that it will be.
And for now — trader, protect yourself.
🔍 For the Ukrainian crypto community, this means one thing:
While Europe builds a transparent system with rules, we have a gray zone where risks remain on everyone’s shoulders.
Crypto is officially not banned, but also not allowed — a typical Ukrainian situation where you can be either praised for success or checked.
🧾 Unclear legislation breeds fear of declaration, lack of investor protection, and the feeling: “everything you’ve earned can be taken away simply because it was unclear how to properly document it.”
The irony is that it seems like they allow it, but guarantee nothing.
Supposedly, do you want to play the game? Play. But we’ll write the rules later.
So the main thing now is not to lose vigilance.
And don’t be fooled by fairy tales about a 5% tax until they are clearly fixed in law.
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