According to Cryptoslate citing local media reports, Ukraine is advancing the process of legalizing cryptocurrency, and lawmakers are expected to vote on the bill in the coming months. However, there is still uncertainty about how digital assets will be taxed. Ukraine is exploring setting the cryptocurrency tax rate between 5% and 10%. However, officials are also considering adopting a standard tax framework, which would impose an 18% income tax plus a 5% military tax, bringing the total tax burden on cryptocurrency income to 23%. The final decision is still under discussion, and legislation is expected to be completed by mid-2025.
