According to Cryptoslate citing local media reports, Ukraine is moving forward with the process of legalizing cryptocurrencies, with lawmakers expected to vote on the bill in the coming months. However, there is still uncertainty about how digital assets will be taxed. Ukraine is exploring setting cryptocurrency tax rates between 5% and 10%. However, officials are also considering adopting a standard tax framework, which would entail an 18% income tax plus a 5% military tax, resulting in a total tax burden of 23% on crypto income. The final decision is still under discussion, with legislation expected to be completed by mid-2025.