Ukraine is one of the first countries where cryptocurrencies have become a real tool not only for investment, but also for survival. War, economic crises, restrictions on bank transfers - all this made bitcoin and fellow coins the best friends of Ukrainians. But instead of supporting this initiative, the state seems to have decided to organize a real hunt for "crypto loners".
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State VS Crypto: Who Who?
2025 promises to be a turning point. The Verkhovna Rada is actively discussing a new draft law on the taxation of cryptocurrencies. But what awaits an ordinary Ukrainian?
1. Minimum freedom - maximum control.
The state wants to know everything: where you bought crypto, how much you earned and even where you store it. And for this - mandatory declaration of all transactions. Great, right?
2. Cryptocurrency financial "whip".
Penalties for undeclared income reach up to 50% of profit. And if they find a "black" wallet, the fine will increase even more. And most importantly: prove that this is not your bitcoin, but borrowed from a friend.
3. The register of wallets is a new "dreamy" project.
Imagine a database of all crypto wallets in Ukraine. Sound like dystopia? For officials, this is just another step towards "legalization".
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When freedom becomes the enemy
The worst thing in this scenario is the loss of the very idea of cryptocurrencies. Bitcoin was conceived as an alternative to a centralized financial system. And now Ukraine wants to make it part of this system, adding restrictions, regulation and endless bureaucracy to it.
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Is there an alternative?
In order to avoid a complete collapse of trust in cryptocurrencies, the state must compromise:
1. Simple and clear taxation.
For example, a flat tax of 5-10% without complex reports.
2. Anonymity is not the enemy.
Instead of total control, it is better to focus on real criminals, and not to "catch" everyone who holds Bitcoin.
3. State crypto-platforms.
The creation of a national exchange or platform for the circulation of crypto can attract more capital than fines and taxes.
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Betrayal or opportunity?
Ukrainians have already proven that cryptocurrencies are a tool for freedom. We support the military, save money and invest in the future through digital assets.
But if the state continues to introduce draconian laws, it risks being left without taxes and trust. Because cryptocurrencies are not about control. It's about choice. And if that choice is oppressed, there will always be a way around the system.
Blockchain remembers everything, and Ukrainians remember even more. And if they try to impose rules that contradict the ideas of freedom, then the crypt has one wonderful thing: it can always do without the state.
