Ukraine Set to Conduct Preliminary Reading of Crypto Regulation Bill

The Ukrainian Parliament will consider a cryptocurrency regulation bill by late August 2025, aiming to align with European standards and taxing digital assets, reported Danylo Hetmantsev.

Ukraine’s move could boost crypto market transparency and integration with EU financial systems while impacting asset legalization through new taxation policies.

Ukraine to Align Crypto Laws with European Standards by 2025

Danylo Hetmantsev, Chairman of the Ukrainian Parliament’s Finance, Tax, and Customs Policy Committee, has confirmed a preliminary reading of a regulatory bill for digital assets by August 2025. This action aims to introduce a legal framework consistent with European norms, affecting how digital assets are structured within the country’s formal economy. The committee is finalizing tax policies, including provisions for legalizing previously acquired crypto assets with a 5% personal income tax and an additional 5% military tax. This legislative shift potentially increases transparency and attracts institutional interest from entities aligned with European financial systems.

Market responses have been largely anticipatory, with experts suggesting that formal integration of digital assets could boost confidence among investors and institutional players. Danylo Hetmantsev stated:

“The preparation of a draft law on taxation of transactions with virtual assets is currently in the final stage… It is estimated that its submission for the first reading in the Verkhovna Rada is scheduled for the end of August 2025.” — CoinTelegraph

Insights into Ukraine’s Crypto Bill and Market Trajectories

Did you know? In 2022, Ukraine legalized crypto exchanges, a pioneering step in Europe, setting a historic context for its ongoing crypto regulatory journey.

Bitcoin (BTC) currently trades at $116,664.73, with a market cap of formatNumber(2322075785291, 2). A 2.77% uptick over seven days precedes a 11.82% three-month gain, as reported by CoinMarketCap. Its dominance stands at 59.71%, and circulation nears 19.9 million coins.

Insights from the Coincu research team suggest that the new regulations could stabilize Ukraine’s crypto market by boosting institutional investments and broadening economic participation. However, experts highlight the importance of maintaining a balance between regulation and innovation to ensure sustained growth and global integration.