What does it mean to legalize? Is it illegal? No, it’s called in Ukraine they want to rip off citizens with new taxes. Cryptocurrency is regulated by exchanges and buyers, the government has no business there.

🇺🇦 Ukraine to Legalize Cryptocurrency in Early 2025

Ukraine is set to legalize cryptocurrency by early 2025, but with a twist—no tax benefits for crypto investors. Danylo Hetmantsev, a key figure in the nation's legislative process, revealed that profits from crypto will be taxed when assets are converted into currency, rather than offering any tax breaks or incentives for crypto traders.

📉 What Does This Mean? The lack of tax benefits could mean fewer incentives for local crypto investors to engage, but the move toward regulation provides a more defined legal framework for cryptocurrency activities in the country.

🔍 Keep an eye on how this will impact Ukraine’s crypto space and global trends in 2025!