According to Odaily Planet Daily, Danylo Hetmantsev, Chairman of the Ukrainian Parliament's Finance, Tax, and Customs Policy Committee, stated that the Ukrainian Parliament plans to conduct a preliminary reading of a bill on cryptocurrency regulation by the end of August. Once approved, the bill will establish a legal framework for digital assets that aligns with European standards. "Preparation of a draft law on the taxation of virtual asset transactions is currently in the final stages," he said. "The bill is expected to be submitted to the Verkhovna Rada for a first reading by the end of August 2025."

A key provision of the bill allows individuals to legalize previously acquired digital assets. Under the provision, holders seeking to legalize their assets will be subject to a 5% personal income tax and a 5% military tax. ( Cointelegraph )