πŸ‡ΊπŸ‡¦ Ukraine

Ukraine has a clear legal framework for cryptocurrency, regulated under the Law 'On Virtual Assets' (2022). The National Bank of Ukraine oversees financial institutions and enforces compliance with financial monitoring and currency legislation.

Overview

StatusLegal
Risk Score75/100 (High Risk)
Regioneurope
CurrencyUAH
Adoption Rank#6

Tax

VAT on CryptoNo

Licensing

RequiredYes
RegulatorNSSMC / NBU
FrameworkLaw 'On Virtual Assets' (2022)
Easemedium
Cost$10,000 - $100,000

Licensing is required for crypto service providers under the 2022 law, with regulatory oversight by the National Bank of Ukraine.

DeFi

Status: regulated

DeFi activities are regulated under the Law 'On Virtual Assets' and subject to AML/KYC requirements.

Stablecoins

Status: regulated

Stablecoins are regulated under the general virtual assets framework established by the 2022 law.

NFTs

Status: no_rules

No NFT-specific regulation. The Virtual Assets law may cover NFTs depending on classification.

Mining

LegalYes
Electricity$0.058/kWh
Renewable25%
Infrastructuregood

Mining is legal with moderate electricity costs and a renewable energy share of 25%. Infrastructure is rated good, supporting mining operations.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index33/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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