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Ukraine Reveals Crypto Taxation Plan: Proposes 18% Tax On Earnings

  • Ukraine's National Securities and Stock Market Commission (NSSMC) has revealed its virtual asset taxation plan.
  • The proposed tax structure includes an 18% personal income tax on crypto earnings plus a 5% military levy.
  • Crypto-to-fiat transactions are subject to tax, while crypto-to-crypto exchanges are exempt.
  • The law to regulate the digital asset market in Ukraine has been delayed due to the taxation debate, with crypto likely to be legalized by 2026.

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