Brothers, the crypto world is like a casino; today the Ukrainian government suddenly comes to tell you: 'You must pay taxes on your winnings, but this casino is now legal!' What does this mean? It means that what used to be played secretly is now officially open for business. But the question arises—does this policy tell us 'the bull market is coming,' or does it put shackles on us in advance?
The suspense is cast aside: Is this the prelude to a bull market or the signal for harvesting?
Last night, a major announcement from the Ukrainian parliament ignited the crypto world: the parliament passed the first reading of the bill on the legalization and taxation of cryptocurrencies with a high vote of 246! This is not only an important step for Ukraine towards the compliance of digital assets, but also a thunderclap in the global crypto regulatory landscape.
According to the bill, Ukraine plans to impose an 18% income tax on profits from cryptocurrencies and a 5% military tax, while offering a preferential tax rate of only 5% on the conversion of cryptocurrencies to fiat currency in the first year of implementation. In other words, Ukraine has directly recognized the 'legal identity' of cryptocurrencies at the legislative level and has included them in the national tax system.
More explosively, this move reveals two major signals:
Amid the backdrop of war, Ukraine needs to open new channels for national finance through legalization and taxation;
The global cryptocurrency tax race has already begun.
It should be noted that Ukraine ranks eighth in the global cryptocurrency adoption index, making it a 'crypto hot spot' in Eastern Europe. The passage of this bill is not only a fiscal consideration but also a signal to the international community: Ukraine wants to establish a foothold in the future Web3 track!
At the same time, actions in other countries around the world are also accelerating:
Denmark has proposed taxing 'unrealized crypto gains,' directly reaching into investors' asset accounts;
Brazil has canceled its long-standing crypto tax exemption and is preparing for a full harvest;
The United States is preparing to initiate discussions on a tax framework for crypto assets, which will inevitably have a chain effect on the global market.
What does this mean? It means that governments are realizing: cryptocurrencies are no longer 'gray assets,' but strategic resources that must be included in fiscal and financial regulation!
The impact on the crypto world cannot be underestimated:
Short-term bearish: The market may be concerned about increased tax burdens; some funds will choose to wait and see or even temporarily exit, especially unfriendly for arbitrage and short-term funds;
Medium to long-term positive: Legalization = increased recognition. In the future, institutional funds, compliant trading platforms, and cross-border payments will all gain more room for compliant development. In other words, taxes are a 'growing pain', but it also means that crypto assets are gradually moving towards the mainstream financial system.
In my view, Ukraine's actions are just the first domino; next, European, Latin American, and even Asian countries will accelerate the introduction of their own crypto tax policies. Once a global pattern of 'legalization + taxation' is formed, the cryptocurrency market will completely enter a new era.
Today's operational directional logic
The logic is very clear:
Short-term bearish release → The good news is in the medium to long term; short-term will be interpreted as pressure by funds;
News stimulates fund observation → Today's market is likely to be a volatile consolidation, rather than a one-sided surge;
Hotspot logic switching → The focus is not on who rises, but on who can 'withstand' it. In the face of bearish conditions, the sectors and leaders that can stabilize themselves are the seed players for the future market.
Practical investment advice and survival tips
Brothers, those who can survive in the crypto world these years are not the ones who earn the most, but those who lose the least! With today’s news, here are a few survival tips for you:
Don't go all in; light positions and testing are the way to go before policy implementation and market digestion;
Keep an eye on mainstream coins, especially assets like BTC and ETH that have strong risk resistance and will not collapse due to the policies of a single country;
Fund management is the most important; do not exceed 50% position, keep some bullets for unexpected situations;
Observe sentiment indicators; once the market is overly fearful, it is a good time to buy low.
Old Zhu's view
My view is simple: Ukraine's move is not bearish, but a washout + foundation laying. Taxation is a growing pain, but legalization is the real big positive. In the future, countries will follow suit and include crypto assets into the regular army. Today's panic may just be tomorrow's bull market trump card!
Brothers, what do you think? Is this wave of Ukrainian actions a harvest or the starting point of a bull market? Tell me your views in the comments, and Old Zhu will keep an eye on the market with you!#九月加密市场能否突破？
