The head of the Verkhovna Rada Committee on Finance, Taxation, and Customs Policy, Danilo Hetmantsev, announced that the process of legalizing and implementing cryptocurrency taxation in Ukraine is expected to be completed by early 2026. This statement was made during his speech at the GET Business Festival 2025.
This is reported by Business • Media
“We want to accomplish this within two months. I thought we would finish by the end of this year, but it’s not happening. The document is actually quite complex. However, we plan to have everything ready by early 2026,” Hetmantsev stated.
It has become known that this concerns a draft law on virtual assets, which received support from the relevant parliamentary committee in spring 2025, and was already passed by the Verkhovna Rada in the first reading in September. According to Hetmantsev, the delay was due to the complexity of the document and the large number of amendments.
Main Provisions of the New Draft Law
The draft law provides for the taxation of profits from cryptocurrency transactions for individuals at a rate of 18% plus an additional military tax of 5%. In the first year of the law’s implementation, a preferential regime is proposed: only 5% tax without the need to confirm expenses for acquiring crypto assets. For legal entities, a standard profit tax rate of 18% is provided.
Refinement and Prospects for Adoption
The draft law is currently being prepared for the second reading. As noted by MP Yaroslav Zheleznyak, over 2500 amendments have been submitted to the document. He predicts that the refinement will take another 2-3 months. Meanwhile, Igor Yasko, managing partner of the law firm Winner, pointed out that at least two weeks must pass between the first and second readings, but in practice, this process takes from one and a half to six months.
Hetmantsev previously emphasized that the draft law is planned to be brought to the second reading by the end of 2025. He also does not rule out that a final decision on cryptocurrencies may be made by the next parliamentary session, given the significant volume of amendments.
It should be added that the National Securities and Stock Market Commission (NSSMC) has stated that it has no intention of fighting for the role of regulator of the crypto market in Ukraine, as representatives of the commission reported during a public discussion.