Invasion of Ukraine

Cryptocurrency

•

30 days

Summary

sources
27
Narrative Items
83
Bottom Line Up Front

27 sources in Cryptocurrency are amplifying 83 narrative items relating to the narrative of Ukraine's proposed taxation on virtual asset gains. This initiative highlights the intersection of regulation and revenue generation, showcasing Ukraine's commitment to integrating cryptocurrency into its economy while ensuring compliance with international standards and fostering financial stability.

Reviewing a number of the most relevant narrative items indicates that Cryptonews.com portrays the proposed tax plan from Ukraine in a largely positive light, emphasizing the government's intention to regulate the crypto market and boost state revenue. The language used is optimistic, highlighting terms like "boost" and "engagement" to convey a sense of progress and modernization. There is little in the way of hyperbole or emotionally charged words, suggesting a more straightforward, informative approach. However, there is a potential bias towards viewing regulatory measures as inherently beneficial for the industry, as the article does not delve deeply into potential drawbacks or criticisms from the crypto community. Overall, while focusing on the novelty and forward-thinking aspects of the plan, Cryptonews.com manages to present a relatively balanced view without excessive sensationalism.

About This Module

The Cryptocurrency module includes cryptocurrency publications and influencers.

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Sources

sources by Volume
These sources are amplifying the most items involved in this narrative. Click to see details of each source's narrative activity.
Top sources
Day-by-day volumetric activity of sources amplifying the most items around this narrative
Coin Telegraph
10% of the items in this brief were amplified by this source.
CoinGape News
8% of the items in this brief were amplified by this source.
Coindoo
7% of the items in this brief were amplified by this source.
Coinpedia
7% of the items in this brief were amplified by this source.
Crypto News Flash
7% of the items in this brief were amplified by this source.
CoinCentral
7% of the items in this brief were amplified by this source.
Cryptonews.com
6% of the items in this brief were amplified by this source.
BeInCrypto
5% of the items in this brief were amplified by this source.
TheNewsCrypto
5% of the items in this brief were amplified by this source.
NewsBTC
4% of the items in this brief were amplified by this source.
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Top Items

These narrative items are the most relevant and/or the most amplified. Click to see details and suggested messages.
Amplifiers:
Cryptonews.com
cryptonews.com
Ukraine Sets 18% Income Tax on Virtual Assets
Ukraine proposes an 18% income tax plus a 5% military levy on virtual asset gains, with alternative lower rates for specific categories. This draft plan, referencing international models, aims to regulate the crypto market and boost state revenue, reflecting the country's growing engagement with digital finance.
Amplifiers:
Blockonomi
blockonomi.com
Ukraine Proposes 23% Tax on Crypto Transactions with Stablecoin Exemptions
Ukraine proposes a 23% tax on some crypto transactions, exempting crypto-to-crypto trades and stablecoins. The framework, including considerations for mining and staking, aims to align with EU regulations, generate revenue, and promote responsible crypto use. Tax-free thresholds for small investors are under consideration.
Amplifiers:
TheNewsCrypto
thenewscrypto.com
Ukraine Proposes 23% Tax on Crypto, Stablecoins Get a Pass
Ukraine proposes a 23% tax on cryptocurrency transactions converting to fiat or goods, exempting stablecoins and crypto-to-crypto trades. A 5% military levy is added. The framework aims to balance regulation with market growth, offering flexible options for mining, staking, and airdrops while protecting retail investors.
Amplifiers:
CoinCentral
coincentral.com
Ukraine Proposes 23% Tax on Cryptocurrency Transactions with Stablecoin Exemptions - CoinCentral
Ukraine proposes a 23% tax on cryptocurrency-to-fiat transactions, exempting stablecoins and crypto-to-crypto trades. This framework, aiming for balanced regulation and market growth, also considers varying tax rates for mining, staking, and airdrops, with potential exemptions for small investors and family transfers. The goal is to prevent financial abuse while boosting legal crypto activity.
Amplifiers:
Coinpedia
coinpedia.org
Ukraine Plans to Tax Crypto by 18%—Here’s How It Will Affect You
Ukraine proposes an 18% tax plus a 5% military levy on cryptocurrency income, potentially lowering to 5-9% in certain cases. Mining, staking, and airdrops will be taxed, but crypto-to-crypto trades remain exempt. The bill, currently under parliamentary review, aims to clarify crypto taxation and is part of a broader regulatory framework planned for October 2025.
Amplifiers:
Coin Telegraph
cointelegraph.com
Ukraine floats 23% tax on some crypto income, exemptions for stablecoins
Ukraine's financial regulator proposes a crypto tax framework, suggesting an 18-23% tax on crypto cash-outs, excluding crypto-to-crypto trades and stablecoins. Mining, staking, and airdrops are also addressed, with potential tax exemptions for small investors and specific transactions. The framework aims to inform lawmakers' decisions on crypto taxation.
Amplifiers:
Live Bitcoin News
livebitcoinnews.com
Ukraine Proposes 18% Tax on Crypto Earnings | Live Bitcoin News
Ukraine proposes an 18% tax on cryptocurrency profits, including a 5% military levy, to fund its budget and military. This simplifies crypto transaction and mining regulations, aiming for summer 2025 implementation. The framework clarifies taxable events, offering options for calculating income and potentially exempting some transactions.
Amplifiers:
Bitcoinist.com
bitcoinist.com
Ukraine's New Crypto Taxation Plan: 18% Income Tax On Gains
Ukraine's NSSMC proposed a crypto tax plan including an 18% income tax plus a 5% military levy on crypto gains. Crypto-to-crypto trades are exempt, while staking rewards may be taxed at sale. This plan aims to legalize crypto by addressing the lack of a clear tax framework, currently delaying implementation until potentially 2026.
Amplifiers:
Crypto News Flash
crypto-news-flash.com
Ukraine Wants to Tax Crypto at 23%, Here’s the Catch - Crypto News Flash
Ukraine proposes a 23% tax on certain crypto transactions (excluding crypto-to-crypto trades and stablecoins), aiming to regulate the sector and boost its digital economy. This controversial move comes as crypto serves as a vital financial tool for Ukrainians amid conflict and banking limitations, raising concerns about its impact on citizens' access to essential goods and services.
Amplifiers:
Coindoo
coindoo.com
Ukraine Outlines Taxation Framework for Virtual Assets with 18% Personal Income Tax
Ukraine's NSSMC proposed a virtual asset tax framework, including an 18% personal income tax and a 5% military levy, with preferential rates also available. The framework covers various transactions, drawing from international practices, and a draft bill is in progress, aiming for alignment with EU MiCA by October 2025.
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Entities

Tap or click for details
These entities are mentioned most frequently in the narratives highlighted in this brief. Click to see details of narrative activity related to each one.
Technologies
Blockchain Technology
The underlying technology for cryptocurrencies and digital assets.
Cryptocurrencies
Digital or virtual currencies that use cryptography for security.
Organizations
Ukrainian Ministry of Finance
The government body responsible for financial regulations and tax policies.
International Monetary Fund (IMF)
An organization that may influence or support Ukraine's economic policies.
Companies
Cryptocurrency Exchanges
Platforms that facilitate the buying and selling of cryptocurrencies.
Blockchain Startups
Companies developing blockchain technology and applications.
People
Ukrainian Government
The governing body proposing the new tax plan.
Crypto Investors
Individuals and entities investing in virtual assets in Ukraine.
Events
Draft Tax Plan Announcement
The event where the Ukrainian government announced the new tax proposal.
Technologies
Blockchain Technology
The underlying technology for cryptocurrencies and digital assets.
Cryptocurrencies
Digital or virtual currencies that use cryptography for security.
Organizations
Ukrainian Ministry of Finance
The government body responsible for financial regulations and tax policies.
International Monetary Fund (IMF)
An organization that may influence or support Ukraine's economic policies.
Companies
Cryptocurrency Exchanges
Platforms that facilitate the buying and selling of cryptocurrencies.
Blockchain Startups
Companies developing blockchain technology and applications.
People
Ukrainian Government
The governing body proposing the new tax plan.
Crypto Investors
Individuals and entities investing in virtual assets in Ukraine.
Events
Draft Tax Plan Announcement
The event where the Ukrainian government announced the new tax proposal.

Context

Ukraine's proposal for an 18% income tax plus a 5% military levy on virtual asset gains highlights the country's efforts to regulate its burgeoning cryptocurrency market while addressing pressing economic needs. As a nation with a population of approximately 41 million, Ukraine has a diverse demographic landscape, with a significant youth population that is increasingly tech-savvy and engaged in digital finance. This demographic shift presents both opportunities and challenges for the government as it seeks to harness the potential of the digital economy.

Economically, Ukraine has faced significant challenges, particularly following the conflict with Russia that began in 2014. The war has strained the economy, leading to a reliance on international aid and necessitating reforms to boost state revenue. By implementing a tax framework for virtual assets, Ukraine aims to create a more structured financial environment that could attract foreign investment and stimulate economic growth.

Politically, the proposal reflects Ukraine's commitment to aligning with international standards and practices, which is crucial for its aspirations to integrate more closely with the European Union and other global markets. The military levy is particularly relevant given the ongoing conflict, as it underscores the need for sustained funding for national defense.

Geographically, Ukraine's strategic location between Europe and Russia makes it a focal point for geopolitical tensions, impacting its national security. The regulation of the crypto market could serve as a tool for economic resilience, helping to stabilize the country amid external pressures. Overall, this initiative represents a multifaceted approach to addressing Ukraine's economic, political, and security challenges in a rapidly evolving digital landscape.
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