As reported by Censor.NET.
Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov said in Telegram that currently the daily turnover of virtual assets in Ukraine is UAH 1 billion, but all this is in the shadows. Thus, international exchanges are not able to enter Ukraine. Taxes are not paid on any transactions with virtual assets.
"Thanks to the [adopted] bill, this will be settled. Favorable conditions will be created that will allow companies to register in Ukraine, and not abroad. The budget will receive taxes, and entrepreneurs feel protected. Only a few countries in the world have legalized crypto assets – Germany, Luxembourg, and Singapore. Ukraine will be one of them," he said.
"Now virtual assets have become an object of civil rights, an object of civil circulation. However, there is a lot of work ahead. During the year we must amend the Civil Code and, of course... the tax code, develop by-laws," the head of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, said.