The Verkhovna Rada supported the legalization of cryptocurrencies: the first year of 5% tax, then — 23%
As well as expectedThe Verkhovna Rada has taken the first step towards legalizing cryptocurrencies in Ukraine — MPs voted in favor of the relevant draft law No. 10225-d in the first reading. This document is needed to put things in order in the field of virtual assets and enable the digital economy to develop transparently and legally. About said…
The Rada will finally start legalizing cryptocurrencies next week
On August 19, the Ukrainian parliament will finally begin consideration of the first reading of the draft law No. 10225-d on the legalization of the virtual asset market. The document has already passed the relevant committee and is recommended for adoption as a basis for further work. In addition, by October of this year, the distribution of…
Ukrainian business hopes for 5-10% tax on cryptocurrency income instead of 23%
The draft law on cryptocurrency regulation is expected to be passed by the Verkhovna Rada will consider in the first quarter of 2025and by the summer this issue of legalization will be resolved. However, the issue of taxation of cryptocurrency income remains a subject of discussion. This was reported by Taras Kozak, president of the «UNIVER»…
US lifts sanctions against crypto mixer Tornado Cash: TORN token triples
The U.S. District Court for the Western District of Texas overturned the sanctions against the decentralized cryptocurrency mixer Tornado Cash, which had been on the “blacklist” of the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury since 2022. The sanctions were imposed due to accusations of Tornado Cash…
Ukraine will legalize cryptocurrency in early 2025, — Getmantsev
Danylo Hetmantsev, chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, says that Ukraine plans to legalize cryptocurrency in the first half of 2025.
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