Ukraine to weigh bill regulating crypto market in late August

The upcoming bill marks a significant step for Ukraine’s crypto industry, providing a structured regulatory environment. Individuals may legalize their digital assets and face taxation of 5% on personal income and military duty as part of the new legislation.

All future crypto transactions, once converted into fiat currency, will be taxed similarly to traditional securities. This aligns Ukraine with global trends, as many countries are moving to formally regulate and tax their crypto markets.

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