Ukraine is laying a comprehensive regulatory path for its Crypto Assets industry. It is reported that the Ukrainian parliament plans to hold the first review of an important Crypto Assets regulatory bill at the end of August. This bill aims to establish a legal framework for digital assets that aligns with European standards, and if passed smoothly, it will bring significant changes to Ukraine's Crypto Assets ecosystem.

Danylo Hetmantsev, the chairman of the Parliamentary Committee on Finance, Taxation and Customs Policy, revealed that a draft tax law regarding virtual asset transactions is in its final stages of refinement. One highlight of this bill is that it allows individuals to legalize acquired digital assets by paying a tax fee of only 10%, which includes 5% personal income tax and 5% military tax.

The path of crypto regulation in Ukraine has not been smooth sailing. Although the parliament passed a bill to legalize cryptocurrency exchanges in 2022, progress on trading tax has been relatively slow. It wasn't until December 2024 that the government proposed a new scheme to tax cryptocurrency transactions as securities, particularly focusing on the process of exchanging crypto assets for fiat currency.

In April 2025, Ukraine's financial regulatory authorities took a step further by proposing a tax rate of up to 23% on certain crypto asset transactions, although transactions between cryptocurrencies and stablecoin transactions were temporarily exempted. This series of measures demonstrates the efforts of the Ukrainian government to balance regulation and development.

In addition to tax policies, Ukraine is also considering incorporating Crypto Assets into its national reserves. In June of this year, legislators proposed a bill that would allow the National Bank of Ukraine to include cryptocurrencies such as Bitcoin in its reserves. If the bill is passed, Ukraine will become one of the few countries in the world with a clear policy on Crypto Asset reserves.

It is worth noting that Ukraine currently ranks fourth in the global Bitcoin holdings, a fact that highlights the country's significant position in the Crypto Assets field. With the advancement of these new policies, Ukraine is actively shaping a Crypto Assets environment that can attract innovation while ensuring effective regulation. This balanced approach may provide a model for other countries, especially in the context of the evolving global Crypto Assets regulatory landscape.