Cryptocurrency payment

I know that some stores in Ukraine accept cryptocurrency payments. How legal is this?

31.01.2025 11:35 68

Answers

Photo of lorina200215 Lorina Fedan

Currently, in Ukraine, there is no provision for the consolidation and recognition of the concept of "cryptocurrency" since there are no legal grounds to consider them as means of payment, but there is also no prohibition on accepting funds (payment) in cryptocurrency under the legislation of Ukraine. In this matter, it is important to bring the acceptance of payment in cryptocurrency into line with the currently applicable legislative norms and legal methods of taxation in order to avoid misunderstandings with the regulatory authorities of Ukraine.

02.02.2025 11:57

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