{"id":1288551,"date":"2025-09-03T13:51:04","date_gmt":"2025-09-03T10:51:04","guid":{"rendered":"https:\/\/prm.ua\/the-council-supported-the-legalization-of-the-cryptocurrency-market-in-the-first-reading\/"},"modified":"2025-09-03T13:51:04","modified_gmt":"2025-09-03T10:51:04","slug":"the-council-supported-the-legalization-of-the-cryptocurrency-market-in-the-first-reading","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/the-council-supported-the-legalization-of-the-cryptocurrency-market-in-the-first-reading\/","title":{"rendered":"The Council supported the legalization of the cryptocurrency market in the first reading"},"content":{"rendered":"<p data-start=\"125\" data-end=\"278\"><strong>On September 3, the Verkhovna Rada adopted in the first reading bill No. 10225-d, regulating the circulation of virtual assets and determining the rules for their taxation.<\/strong><\/p>\n<p><\/p>\n<p data-start=\"280\" data-end=\"381\"> 246 people&#8217;s deputies voted for the document.<\/p>\n<p><\/p>\n<p data-start=\"383\" data-end=\"409\"> The bill provides for: <\/p>\n<ul data-start=\"410\" data-end=\"636\"><\/p>\n<li data-start=\"410\" data-end=\"476\">\n<p data-start=\"412\" data-end=\"476\"> basic taxes &#8211; 18% personal income tax + 5% military tax on profits;<\/p>\n<p><\/li>\n<p><\/p>\n<li data-start=\"477\" data-end=\"555\">\n<p data-start=\"479\" data-end=\"555\"> a preferential rate of 5% when converting to fiat during the first year of the law&#8217;s operation;<\/p>\n<p><\/li>\n<p><\/p>\n<li data-start=\"556\" data-end=\"636\">\n<p data-start=\"558\" data-end=\"636\"> uncertainty regarding the regulator &#8211; it could be either the NBU or the National Securities and Stock Market Commission.<\/p>\n<p><\/li>\n<p><\/ul>\n<p><\/p>\n<p data-start=\"638\" data-end=\"701\"> The explanatory note states that the document is intended to: <\/p>\n<ul data-start=\"702\" data-end=\"951\"><\/p>\n<li data-start=\"702\" data-end=\"739\">\n<p data-start=\"704\" data-end=\"739\"> ensure legal certainty;<\/p>\n<p><\/li>\n<p><\/p>\n<li data-start=\"740\" data-end=\"770\">\n<p data-start=\"742\" data-end=\"770\"> protect market participants;<\/p>\n<p><\/li>\n<p><\/p>\n<li data-start=\"771\" data-end=\"855\">\n<p data-start=\"773\" data-end=\"855\"> harmonize Ukrainian legislation with EU standards, in particular with the MiCA regulation;<\/p>\n<p><\/li>\n<p><\/p>\n<li data-start=\"856\" data-end=\"951\">\n<p data-start=\"858\" data-end=\"951\"> implement control, reporting and taxation mechanisms to reduce the risks of abuse.<\/p>\n<p><\/li>\n<p><\/ul>\n<p> Let us recall that <a href=\"https:\/\/prm.ua\/u-radi-anonsuvaly-lehalizatsiiu-kryptovaliuty\/\">the bill on regulating digital currencies should be ready in the first quarter of 2025.<\/a><\/p>\n<p> Earlier it became known that US President Donald <a href=\"https:\/\/prm.ua\/tramp-zaiavoiu-pro-stvorennia-rezervu-kryptovaliut-obvalyv-vartist-bitkoina\/\">Trump signed the long-awaited decree on the creation of a strategic reserve of cryptocurrencies<\/a> . However, the market reacted quite unexpectedly \u2013 with a fall.<\/p>\n<p> <a href=\"https:\/\/prm.ua\/bitcoin-ta-inshi-kryptovaliuty-vpaly-na-tli-masshtabnykh-myt-trampa\/\">Bitcoin and other popular cryptocurrencies have reportedly come under pressure after Donald Trump imposed massive tariffs<\/a> on the entire world, which has rocked the stock market.<\/p>\n<p> By the way, <a href=\"https:\/\/prm.ua\/rosiia-vykorystovuie-kryptovaliutu-dlia-mizhnarodnykh-rozrakhunkiv-iaku-vidpovid-hotuie-ukraina\/\">Russian companies have started using Bitcoin and other cryptocurrencies for international payments<\/a> . This became possible after legislative changes were made to counter Western sanctions.<\/p>\n<p> Also follow <strong>&#8220;Pryamy&#8221;<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"noopener nofollow\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 3, the Verkhovna Rada adopted in the first reading bill No. 10225-d, regulating the circulation of virtual assets and determining the rules for their taxation. 246 people&#8217;s deputies voted for the document. The bill provides for: basic taxes &#8211; 18% personal income tax + 5% military tax on profits; a preferential rate of [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":1096500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76875,76892],"class_list":["post-1288551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-other-news","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1288551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1288551"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1288551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1096500"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1288551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1288551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}