Hetmantsev: Cryptocurrency Legalization in Ukraine Expected to Be Completed Within Two Months

• Hetmantsev said that the legalization and taxation of cryptocurrencies are planned to be completed in early 2026.
• According to the politician, the adoption of the document was delayed due to its complexity.
• He told about it during the GET Business Festival 2025.

Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Daniil Getmantsev said that the legalization of cryptocurrencies and the introduction of taxation are planned to be completed in early 2026. He said this during a speech at the GET Business Festival 2025 event.

Note, we are talking about the bill on virtual assets, which was supported by the Committee on Finance, Tax and Customs Policy in April 2025, and in September the Rada adopted it in the first reading.

For individuals, the bill provides for taxation of profits from transactions with cryptocurrencies at a rate of 18% plus a 5% military levy. Preferential treatment in the first year allows only 5% to be paid, without proof of asset acquisition costs.

For legal entities, the general income tax rate of 18% is retained.

Now the bill is being prepared for the second reading. In October, MP Yaroslav Zheleznyak said that more than 2500 amendments were submitted to the document. He predicts that the finalization will last another 2–3 months.

Managing partner of the Winner law firm Igor Yasko explained in a comment to Incrypted that formally, at least 14 days should pass between the first and second reading. But in practice, this period usually lasts from 1.5 to 6 months.

Getmantsev himself previously told Incrypted that the lawmakers will try to bring the bill to the second reading by the end of 2025. He also announced a large number of edits and did not rule out the transfer of the bill on cryptocurrencies “inheritance” to the next convocation of the Rada.

Earlier we wrote that the National Commission on Securities and Stock Market (NSCM) “will not compete” for the role of regulator of the crypto market in Ukraine. Representatives of the regulator explained this position in a conversation with Incrypted — more details in the material.