A parliamentary committee in Ukraine has approved draft bill No. 10225-d to regulate the crypto market. The National Securities and Stock Market Commission and the National Bank will oversee the industry.
Taxes will apply only to profits from sales. Crypto-to-crypto trades will be untaxed and exempt from VAT. A 5% tax rate will apply to existing assets sold during a transition period through 2028, with profits up to one minimum annual salary exempt. Exchanges must obtain authorization, protect client assets, and verify funds.
The second reading is set for November, with expected entry into force on July 1, 2027.
#Ukraine #Crypto
Taxes will apply only to profits from sales. Crypto-to-crypto trades will be untaxed and exempt from VAT. A 5% tax rate will apply to existing assets sold during a transition period through 2028, with profits up to one minimum annual salary exempt. Exchanges must obtain authorization, protect client assets, and verify funds.
The second reading is set for November, with expected entry into force on July 1, 2027.
#Ukraine #Crypto