Representatives of the Ministry of Digital Transformation are working on a draft law for the legalization of the cryptocurrency market as part of a working group under the tax committee.

"The volume of revenue will directly depend on the concepts of regulation and taxation that will be laid down in this law," the ministry reported, "Legalizing the crypto industry will help the market develop faster and more transparently. This way, Ukrainian blockchain specialists will be able to work from home, and Ukraine will attract foreign investments to support the economy in wartime conditions."

As reported, the chairman of the Verkhovna Rada Committee on Financial, Tax, and Customs Policy, Daniil Getmantsev, stated that cryptocurrency is highly likely to be legalized in Ukraine as early as the first quarter of 2025.