Ukraine Crypto Bill: 10% Tax and Bitcoin Reserves
Ukraine’s parliament will conduct the first reading of the Ukraine crypto bill in late August 2025, aiming to fill legal gaps in crypto regulation and align rules with EU standards. The proposed law introduces a 10% crypto tax—5% income tax plus a 5% military levy—to legalize previously acquired digital assets, building on December 2024’s securities-style trade tax proposal and April 2025’s regulator-backed rates up to 23%. The draft also permits the National Bank to add Bitcoin reserves; Ukraine already holds 46,351 BTC, ranking fourth among government holders. If the Ukraine crypto bill passes, traders can expect clearer crypto regulation, boosted investor confidence, and potential upticks in Bitcoin demand across Europe.
Bullish
The news is bullish for BTC as clear crypto regulation and a 10% one-time tax on past holdings reduce legal uncertainty and could encourage both retail and institutional adoption. The potential inclusion of 46,351 BTC in the central bank’s reserves signals strong institutional support and may tighten circulating supply, lifting demand. In the short term, traders are likely to accumulate ahead of the bill’s approval, boosting trading volumes; in the long term, EU-aligned rules and formal reserves provide a supportive framework for sustained price appreciation.