Ukraine’s Crypto Regulation Bill May Pave the Way for Legal Framework and Taxation of Bitcoin
Main Idea
Ukraine's upcoming crypto regulation bill aims to establish a legal framework for digital assets, including a 5% personal income tax for legalizing cryptocurrencies, and positions the country as a significant player in the crypto space.
Key Points
1. The bill includes a 5% personal income tax for individuals legalizing their digital assets.
2. Ukraine holds 46,351 BTC, making it the fourth-largest government holder of Bitcoin.
3. The bill is expected to be read in parliament by late August 2025.
4. The legislation aligns with European standards and aims to facilitate the legalization of previously acquired cryptocurrencies.
5. The National Bank of Ukraine plans to include cryptocurrencies like Bitcoin in its reserves.
Description
Ukraine’s upcoming crypto regulation bill aims to establish a legal framework for digital assets, allowing individuals to legalize previously acquired cryptocurrencies. Key provisions include a 5% personal income tax for
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