#Новости 🇺🇦🇺🇦🇺🇦
🇺🇦 Ukraine has approved a bill to regulate the crypto market.
The relevant committee of the Verkhovna Rada supported Bill No. 10225-д on the circulation of virtual assets. It was approved by 20 members of parliament.
Key provisions:
➤ Regulation. The Securities Commission and the National Bank of Ukraine will oversee the crypto market within their respective areas of authority.
➤ Taxes. Only profits from selling cryptocurrency are taxable—that is, the difference between the purchase and sale prices.
Cryptocurrency exchanges. Swapping one cryptocurrency for another is NOT taxable. Cryptocurrency transactions are also exempt from VAT.
➤ Preferential period. Existing crypto assets will be subject to a reduced personal income tax rate of 5% until the end of 2028.
➤ Tax-free allowance. Profits of up to one minimum monthly wage are tax-exempt.
➤ Crypto exchanges. Mandatory authorization will be introduced for exchanges and custodians, along with requirements for protecting client assets and verifying the source of funds.
Next step: the bill is expected to receive its second reading in the Verkhovna Rada in November. The law is expected to take effect on July 1, 2027.
🇺🇦 Ukraine has approved a bill to regulate the crypto market.
The relevant committee of the Verkhovna Rada supported Bill No. 10225-д on the circulation of virtual assets. It was approved by 20 members of parliament.
Key provisions:
➤ Regulation. The Securities Commission and the National Bank of Ukraine will oversee the crypto market within their respective areas of authority.
➤ Taxes. Only profits from selling cryptocurrency are taxable—that is, the difference between the purchase and sale prices.
Cryptocurrency exchanges. Swapping one cryptocurrency for another is NOT taxable. Cryptocurrency transactions are also exempt from VAT.
➤ Preferential period. Existing crypto assets will be subject to a reduced personal income tax rate of 5% until the end of 2028.
➤ Tax-free allowance. Profits of up to one minimum monthly wage are tax-exempt.
➤ Crypto exchanges. Mandatory authorization will be introduced for exchanges and custodians, along with requirements for protecting client assets and verifying the source of funds.
Next step: the bill is expected to receive its second reading in the Verkhovna Rada in November. The law is expected to take effect on July 1, 2027.
