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Ukraine Greenlights Crypto Legalization: 23% Tax Rate Clears First Parliamentary Hurdle
Ukraine Greenlights Crypto Legalization: 23% Tax Rate Clears First Parliamentary Hurdle
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Ukraine's parliament just took a massive step toward bringing crypto out of the shadows—voting through the first reading of a landmark digital asset legalization bill.
The Taxman Cometh
Buried in the legislation's fine print? A solid 23% tax rate on crypto profits. Because nothing says 'welcome to the legitimate financial system' like the government immediately claiming nearly a quarter of your gains.
This move positions Ukraine to potentially join the ranks of crypto-forward nations, leveraging blockchain innovation while—of course—making sure the state gets its cut first. A classic case of 'innovate now, tax immediately.'
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