Ukraine is preparing to assess a full bill on cryptocurrency market regulations at the end of August 2025, marking a pivotal moment in the country’s approach to digital networks. The bill, currently in its latest preparation stages, aims to establish a legal framework for ownership, taxation and the regulation of cryptocurrencies, bringing Ukraine closer to European regulatory standards (1).
Danylo Hetmantessev, president of the Parliamentary Committee for Finance, Tax and Customs, confirmed that the bill would allow individuals to legally declare the digital assets previously acquired by paying a personal income tax of 5% and a military tax of 5% (2). This provision is designed to encourage compliance and integrate unsuccessfully recorded cryptographic assets in the formal financial system. The first reading of the bill should take place in the Verkhovna Rada at the end of August 2025 (3).
The proposed bill includes measures that would allow the National Bank of Ukraine to consider including cryptocurrencies such as Bitcoin In its reserve assets, a decision that would place Ukraine among a small group of countries exploring the inclusion of digital assets in their national reserves (4). This initiative was announced at a conference in kyiv in May and reflects a broader global trend in governments examining the role of cryptocurrencies in the Central Bank.
Ukraine’s strategic position in the cryptographic landscape is underlined by its status as fourth Bitcoin government holder, with 46,351 BTC valued at around 5.4 billion dollars (5). The country’s regulatory efforts could influence similar movements in other jurisdictions, such as the United States and Kazakhstan, which both introduced strategic bitcoin reserves in 2025 (6).
The bill also describes a clear regulatory distinction between digital assets and the legal. Although cryptocurrencies are legalized, they will not be recognized as an official currency. Instead, the National Bank of Ukraine promotes its E-Hryvnia digital currency as an alternative supported by the government for digital transactions (7).
The potential adoption of this legislation represents a key development for the digital economy of Ukraine. By creating a structured regulatory environment, the government aims to support the growth of blockchain technology while maintaining financial stability. The emphasis on the bill on tax clarity and compliance can also serve as a model for other countries seeking to regulate cryptographic markets in a balanced manner (8).
Source:
(1) Title1 (https://www.ainvest.com/news/bitcoin-News-tody–Skraine-pushes-crypto-gégole-Bill-5-Tax-digital-ssets-legalization-208/)
(2) Title2 (https://www.coinfi.com/news/1699309/ukraine-to-weigh-bill- regulations-crypto-market-in-lete-august)
(3) Title3 (https://financefeeds.com/ukraine-to-consider-crypto-market-glement-bill/)
(4) Title4 (https://www.ainvest.com/news/ukraine-prepares-réguled-cripto-monn-august-parliament-review-208/)
(5) Title5 (https://cryptonews.com/news/ukraine-nbu-wants-crypto-legalization-not-s-legal-tender/)
(6) Title6 (https://coingape.com/allowing-crypto-as-legal-tender-red-line–sntral-bank/)
(7) Title7 (https://cointelegraph.com/news/what-happened-incrypto-tody)
(8) Title8 (
