Ukraine has unveiled a comprehensive cryptocurrency regulation bill establishing legal frameworks for digital assets. The legislation includes a pivotal 5% personal income tax provision for individuals seeking to legalize their cryptocurrency holdings.
As the world’s fourth-largest government Bitcoin holder with 46,351 BTC in reserves, Ukraine positions this initiative to solidify its standing in the global crypto landscape. The National Bank of Ukraine further signals institutional commitment by confirming plans to incorporate cryptocurrencies like Bitcoin into national reserves.
The bill is scheduled for parliamentary reading imminently. Designed to align with European regulatory standards, it aims to streamline legalization processes for pre-acquired digital assets. This regulatory framework marks Ukraine’s strategic advancement in cryptocurrency integration and institutional adoption.