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Ukraine will legalize cryptocurrency by 2025 without tax exemptions

Ukraine’s legal framework advances cryptocurrency acceptance: The Ukrainian Parliament is developing a comprehensive law for cryptocurrency, working alongside the National Bank of Ukraine and the International Monetary Fund (IMF). This legislation will finalize after the New Year, aligning Ukraine with global digital asset standards.

Ukraine embraces crypto taxation to ensure compliance: Supporting the legalization, profits from cryptocurrency transactions will be taxed only upon conversion, mirroring practices of countries such as the United States and Canada. This strategy focuses on maintaining a robust tax system as Ukraine enhances its digital economy.

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