Ukraine legalizes cryptocurrencies in the first quarter of 2025

The updated bill on cryptocurrency regulation in Ukraine will be ready in the first quarter of 2025, said the Verkhovna Rada.

Ukraine is preparing for the legalization of digital assets. The corresponding bill is already in preparation and will be considered in the first reading in the coming months. This was stated to 'Economic Truth' by the head of the tax committee of the Verkhovna Rada, Daniil Hetmantsev.

Although cryptocurrency will become legal, tax benefits for market participants are not provided. Digital assets will be taxed in the same way as securities - when converting cryptocurrency to fiat.