Ukraine plans to legalize cryptocurrencies in early 2025. According to Daniil Getmantsev, head of the Verkhovna Rada’s tax committee, the bill is being prepared in coordination with the National Bank and the IMF. The bill aims to ensure financial control while regulating digital assets.

Profits from crypto transactions will be taxed when converted into fiat currencies. This could lead to Ukraine becoming a potential hub for regulated digital asset trading in Eastern Europe.

The bill aims to create a transparent framework, focusing on financial stability and Anti-Money Laundering (AML) measures.

Without tax incentives, the committee aims to limit the risks of tax evasion. Share your views in the comments.