🚀 Ukraine is gearing up to legalize cryptocurrencies by early 2025, with a draft bill in the works. While tax breaks won't be part of the package, crypto profits will face capital gains tax when converted to fiat. This move positions Ukraine as a potential crypto hub in Eastern Europe, aligning with global trends.
- The legislation aims to regulate digital assets, ensuring financial stability and transparency.
- Amid the ongoing conflict, crypto offers Ukrainians a lifeline for financial support and cross-border transactions.
- Meanwhile, Morocco is also on the crypto bandwagon, planning to lift its 2017 ban.