Bill to Legalize and Tax Cryptocurrencies Passes First Reading in Ukraine

On September 4, 2025, Ukraine’s parliament, the Verkhovna Rada, passed the first reading of a bill to legalize and tax cryptocurrencies with 246 votes in favor. The bill proposes an 18% income tax and a 5% military levy on crypto profits, totaling a 23% tax rate, alongside a temporary 5% tax on fiat conversions for

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