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Ukraine will conduct a preliminary review of the Crypto Assets market regulation bill at the end of August.
According to Techub News and reported by Cointelegraph, Danylo Hetmantsev, the chairman of the Ukrainian Parliament's Finance, Taxation and Customs Policy Committee, stated that the Ukrainian Parliament plans to conduct a preliminary review of the Crypto Assets regulatory bill before the end of August. Once approved, the bill will establish a legal framework for digital assets in line with European standards. A key provision of the bill is to allow individuals to legalize previously obtained digital assets. Under this provision, holders seeking asset legalization will pay a 5% personal income tax and a 5% military tax. Hetmantsev added that "the preparation of the draft law on taxation of virtual asset transactions is currently in the final stages, and the bill is expected to be submitted to the Ukrainian Verkhovna Rada for a first reading by the end of August 2025."