Ukraine to Legalize Cryptocurrency by 2025 Under Strict Regulations, with a Mysterious Ripple Transfer
Ukraine plans to legalize cryptocurrency by early 2025, with the bill being spearheaded by Danylo Hetmantsev, Chairman of the Verkhovna Rada's Tax Committee. However, tax exemptions will not be included in the proposed legislation.
The draft law, currently under review, is expected to be finalized by early 2025 in collaboration with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF). The primary focus of the bill is to regulate digital assets while ensuring proper financial oversight.
Ukraine's initiative is set to become a significant example of state-level regulation and legalization in the cryptocurrency market.
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