Crypto Regulations in Ukraine 2025

Key Points

1. Ukraine permits crypto ownership, trading, and private transactions but does not treat it as legal tender.

2. In 2025, Ukraine introduced several crypto-related regulations, including sanctions on crypto firms linked to Russia and a draft law on virtual assets.

3. The government aligns its crypto policies with the EU's MiCA framework, aiming for market stability and digital economy development.

4. Crypto-to-fiat conversions are taxed at 18% personal income tax plus a 5% wartime levy, totaling 23%, while crypto-to-crypto exchanges are generally tax-free.

5. Ukraine holds approximately 46,351 Bitcoins, valued at around $4.9 billion, making it one of the top countries in crypto holdings.