PANews reported on August 9 that Danylo Hetmantsev, chairman of the Ukrainian Parliament's Finance, Tax, and Customs Policy Committee, stated that the Ukrainian Parliament plans to conduct a preliminary review of the cryptocurrency regulation bill by the end of August. Once approved, the bill will establish a legal framework for digital assets that aligns with European standards. 'The preparation work for the draft law on taxation of virtual asset transactions is currently in its final stages.' 'The bill is expected to be submitted for a first reading in the Ukrainian Verkhovna Rada by the end of August 2025.'
A key provision of the bill is to allow individuals to legalize previously acquired digital assets. Under this regulation, holders seeking asset legalization will pay a 5% personal income tax and a 5% military tax.