Ukraine is considering a new tax scheme that may impose a personal income tax rate of up to 23% on cryptocurrency transactions. This proposal comes as the Ukrainian government looks to regulate the growing cryptocurrency market and establish a legal framework for its use. The initiative is part of broader efforts to generate revenue and ensure compliance among crypto users. The tax scheme aims to align cryptocurrency transactions with existing financial regulations, potentially impacting individuals who engage in buying, selling, or trading digital assets. If implemented, this tax could reflect the increasing governmental focus on the cryptocurrency industry amidst its rapid expansion.

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