The Ukrainian Parliament is expected to consider the draft law regulating cryptocurrency transactions by the end of August 2025.

This bill aims to establish a legal framework for digital assets according to European standards while imposing a personal income tax and a military tax of 5% for the legalization of previously owned digital assets.

MAIN CONTENT

  • Ukraine is preparing to present the cryptocurrency management bill to Parliament by the end of August 2025.

  • The bill builds a legal framework that aligns with European standards for digital assets.

  • The 5% personal income tax and 5% military tax regulations for the legalization of cryptocurrency are already in place.

What is the Ukrainian Parliament expected to do regarding cryptocurrency law?

Expectedly, by the end of August 2025, the Ukrainian Parliament will conduct a preliminary review of the bill related to cryptocurrency regulation for the first time.

According to information from the Chairman of the Financial, Tax, and Customs Policy Committee of the Ukrainian Parliament, Representative Danylo Hetmantsev, this bill is in the final stages of completion before being presented to Parliament. This is an important step to provide detailed legal regulations, ensuring transparency and legality for the domestic cryptocurrency market.

What legal framework will the bill provide for cryptocurrency in Ukraine?

The bill will establish a legal framework that aligns with the European Union's standards and regulations on digital assets.

This helps Ukraine integrate global digital asset management standards, facilitates the development of DeFi, and fosters investor confidence. Building a robust legal system also helps mitigate fraud risks and enhance safety for cryptocurrency users in the country.

Does the bill stipulate anything regarding the legalization of previously owned cryptocurrency assets?

The bill allows individuals to legalize the types of digital assets they previously owned with a specific tax rate.

Specifically, individuals who own digital assets and wish to legalize them will be subject to a personal income tax of 5% and a military tax of 5%. This regulation helps the state control the origin of assets while providing a mechanism for transparency in cryptocurrency transactions, gradually legalizing the market.

Establishing a normative legal framework for cryptocurrency will be a necessary step to develop the market and protect the interests of both citizens and investors in an increasingly complex digital environment.

Danylo Hetmantsev, Chairman of the Financial Policy Committee of the Ukrainian Parliament, 2025

Frequently Asked Questions

When will the Ukrainian Parliament consider the cryptocurrency bill?

The Parliament is expected to conduct a preliminary reading of the bill by the end of August 2025, according to information from the Chairman of the Financial Policy Committee.

What tax rate does the bill set for the legalization of digital assets?

Individuals legalizing digital assets will be subject to a personal income tax of 5% along with a military tax of 5%.

Does the bill comply with any cryptocurrency regulatory standards?

The bill is constructed according to the legal standards for digital assets of the European Union.

What is the purpose of legalizing digital assets?

Helps verify the origin of assets, increases transparency, and tightens market regulation for cryptocurrency.

How does the bill affect the cryptocurrency market in Ukraine?

The bill facilitates sustainable development while enhancing the trust of both domestic and international investors.

Source: https://tintucbitcoin.com/ukraine-du-luat-thi-truong-tien-dien-tu/

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