Ukraine

18% Income Tax On Gains

18% Income Tax On Gains

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ukraine’s National Securities and Stock Market Commission (NSSMC) unveiled its virtual asset taxation matrix to advance the government’s efforts to legalize cryptocurrencies in the coming months. Ukrainian Regulator Develops Crypto Taxation Matrix Ruslan Magomedov, Chairman of the NSSMC, revealed the long-awaited regulator’s […]

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Ukraine Sets 18% Income Tax on Virtual Assets

Ukraine Sets 18% Income Tax on Virtual Assets

Ukraine has taken a big step toward formalizing its approach to taxing cryptocurrencies, with the National Securities and Stock Market Commission (NSSMC) releasing a detailed taxation matrix for virtual assets. The proposal outlines both standard and preferential tax models, signalling a move to align the country’s financial system with global digital asset norms. Shared publicly

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Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’

Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’

A Russian court has sent a man to jail for 15 years after convicting him of sending crypto to the Ukrainian military. Per a report from the state-run news agency TASS, the man is a resident of the Oryol Oblast, some 370km to the south of Moscow. The court heard that the man used crypto

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