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Ukraine’s Parliament passed the first reading of a crypto legalization and taxation bill. It sets an 18% income tax plus a 5% military levy on crypto gains, along with a preferential 5% rate for fiat conversions in the first year. The draft also allows simplified rules for foreign exchanges to operate under authorization in Ukraine. If enacted, this provides clarity for traders and investors, though they must account for tax costs. Exchanges may expand operations under the new regime. #UkraineCryptoLaw #CryptoTax #Legalization #CryptoPolicy #ExchangesUkraine
Ukraine’s Parliament passed the first reading of a crypto legalization and taxation bill. It sets an 18% income tax plus a 5% military levy on crypto gains, along with a preferential 5% rate for fiat conversions in the first year. The draft also allows simplified rules for foreign exchanges to operate under authorization in Ukraine. If enacted, this provides clarity for traders and investors, though they must account for tax costs. Exchanges may expand operations under the new regime.

#UkraineCryptoLaw #CryptoTax #Legalization #CryptoPolicy #ExchangesUkraine
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