Ukraine’s parliament aims to pass a crypto regulation bill by late August, establishing a legal framework for digital assets in line with European standards. Individuals can legalize previous digital assets by paying a 5% personal income tax and 5% military duty. Ukraine is the fourth-largest holder of Bitcoin among governments, with 46,351 BTC worth $5.4 billion. Other countries, like the US and Kazakhstan, have also explored creating strategic Bitcoin reserves. Eastern Europe saw $499 billion in crypto flows between July 2023 and June 2024.

Read more at Cointelegraph: Ukraine to Weigh Bill Legalizing Crypto in Late August