Ukraine proposes 23% tax on certain crypto transactions, exemptions for stablecoins

From Cointelegraph

April 9, 2025 10:21 pm:

Ukraine’s financial regulator is proposing to tax certain crypto transactions as personal income, at a rate of up to 23%, excluding crypto-to-crypto transactions and stablecoins. The proposed framework would tax transactions at 18% with a 5% military levy on top, applying when crypto is cashed out for fiat currency or exchanged for goods or services. Crypto-friendly jurisdictions like Singapore also exempt crypto-to-crypto transactions from taxation. The framework also addresses mining, staking, hard forks, and airdrops, proposing various options for taxation, including exemptions for donations, transfers between family members, and holders who keep their crypto for a set amount of time. Ukrainian President Volodymyr Zelenskyy signed a law in March 2022 establishing a legal framework for a regulated crypto market in the country.

Read more at Cointelegraph: Ukraine floats 23% tax on some crypto income, exemptions for stablecoins