Ukraine is expected to legalize cryptocurrencies in the first quarter of 2025. However, tax benefits for crypto assets are unlikely to be introduced.

According to Daniil Hetmancev, head of the Ukrainian Parliament’s tax committee, the working group is finalizing the draft law for the first reading, and the law will be adopted in cooperation with the National Bank and the IMF, without tax exemptions for crypto, as it will be taxed like securities.