Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Elon Musk’s Tesla Could Have Earned $17 Billion from Bitcoin, Here’s What Went Wrong

July 9, 2025

Is the Bitcoin Bull Run Over or Just Getting Started?

July 9, 2025

Ripple Picks BNY Mellon to Back RLUSD Stablecoin Amid $500M Surge

July 9, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Ukraine All Set To Legalize Crypto In 2025 Without Tax Exemptions

0
By on December 12, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Ukraine All Set To Legalize Crypto In 2025 Without Tax Exemptions appeared first on Coinpedia Fintech News

In the latest development, Ukraine is poised to legalize cryptocurrency by the first quarter of 2025. However, while the country aims to regulate the industry, it is unlikely to offer tax exemptions for cryptocurrency transactions. 

Danylo Hetmantsev, the head of Ukraine’s Parliamentary Committee on Finance, Tax, and Customs Policy, noted that a parliamentary working group is finalizing the first reading of a draft law on cryptocurrency. He expressed confidence that the text, developed in collaboration with the National Bank and the International Monetary Fund (IMF), will be ready shortly after the New Year. They aim to pass this legislation and legalize cryptocurrency by early 2025.

Hetmantsev noted that there will be no tax exemptions for cryptocurrency. Taxation will follow the model used for securities, with profits taxed when assets are converted into currency.  

Hetmantsev explained that, after consulting with European experts and the IMF, they are taking a very cautious approach to using cryptocurrencies for tax exemptions, as this could potentially lead to tax evasion in traditional markets.

Notably, A draft law on the specifics of taxing virtual asset transactions was registered in Ukraine’s parliament in November 2023. The adoption of this document marks the final step toward the legalisation of cryptocurrencies in Ukraine.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Elon Musk’s Tesla Could Have Earned $17 Billion from Bitcoin, Here’s What Went Wrong

July 9, 2025

Is the Bitcoin Bull Run Over or Just Getting Started?

July 9, 2025

Ripple Picks BNY Mellon to Back RLUSD Stablecoin Amid $500M Surge

July 9, 2025
Leave A Reply Cancel Reply

What's New Here!

Elon Musk’s Tesla Could Have Earned $17 Billion from Bitcoin, Here’s What Went Wrong

July 9, 2025

Is the Bitcoin Bull Run Over or Just Getting Started?

July 9, 2025

Ripple Picks BNY Mellon to Back RLUSD Stablecoin Amid $500M Surge

July 9, 2025

POL (prev. MATIC) Breaks Out: Is It Time to Go Long?

July 9, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.