Can a sole proprietorship - a single tax payer receive income in cryptocurrency?

Payers of the single tax of the first - third groups must make payments for shipped goods (work performed, services provided) exclusively in monetary form - cash or non-cash (including using electronic money). To date, cryptocurrency does not have a defined legal status in Ukraine. in particular, there is no regulatory framework for its classification and regulation of transactions with it.

At the same time, the Law of Ukraine dated February 17, 2022 No. 2074- IX "On Virtual Assets", which will enter into force from the date of entry into force of changes to the PKU regarding the specifics of taxation of operations with virtual assets. Thus, an individual – an entrepreneur paying a single tax, in order to avoid violations regarding the application of the simplified taxation system, cannot receive income in cryptocurrency, as cryptocurrency does not currently have a defined legal status in Ukraine.