Ukraine plans to legalize cryptocurrencies by the beginning of 2025 with taxation on profits from operations when converting to fiat currencies, without tax incentives, and with a focus on financial stability 📊

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Ukraine plans to legalize cryptocurrencies by the beginning of 2025. The draft law, which is currently under discussion, will provide for standard taxation without tax incentives, taxing profits from cryptocurrency conversions into fiat currencies. The legalization aims to create a transparent legal framework for businesses and protect assets, as well as ensure financial stability in the context of the war with Russia. The bill is expected to be ready for the first reading in the first quarter of 2025.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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