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Ukraine Primed To Legalize Cryptocurrency in the First Quarter of 2025: Report

Ukraine Primed To Legalize Cryptocurrency in the First Quarter of 2025: Report

Ukrainian legislators are reportedly likely to approve a proposed law that will legalize cryptocurrency in the country. Citing a statement from Danylo Hetmantsev, chairman of the unicameral parliament Verkhovna Rada’s Financial, Tax and Customs Policy Committee, the Ukrainian online newspaper Epravda reports there is a high probability that Ukraine will legalize cryptocurrency in the first […]

The post Ukraine Primed To Legalize Cryptocurrency in the First Quarter of 2025: Report appeared first on The Daily Hodl.

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Ukraine set to legalize crypto by 2025 under strict regulations

Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives.

Ukraine reportedly plans to legalize cryptocurrencies in early 2025, according to Daniil Getmantsev, head of the tax committee of the Verkhovna Rada, but the legislation will not include tax breaks.

The draft bill, currently under review, is expected to be finalized by early 2025 in coordination with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF). Its primary aim is to regulate digital assets while ensuring fiscal oversight.

Despite earlier speculation around possible tax incentives, standard taxation rules similar to securities trading will be applied under the legalized framework — meaning all profits from crypto transactions will be taxed upon conversion to fiat currencies.

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Little-known Canadian crypto firm Matador adds Bitcoin to its books

Betting on Armageddon? Polymarket Users Wager on Nuclear Detonation in 2024

Betting on Armageddon? Polymarket Users Wager on Nuclear Detonation in 2024Following U.S. President Joe Biden’s approval for Kyiv to fire long-range missiles into Russian territory, Ukraine reportedly targeted a Russian weapons depot. As chatter about World War III floods social media, bettors on Polymarket are placing wagers on whether a nuclear weapon will be detonated before the year ends. Biden’s Missile Green Light Sparks World […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability

Critics: G7’s  Billion Russian Assets-Backed Loan Might Upset the West’s Financial StabilityThe G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, including losing the trust of some of their allies. Russian Assets-Backed Loan Has the Potential of Changing […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’

JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war. Dimon cautioned against over-optimism about the U.S. economy, advising a more […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report

Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report

Russia is reportedly making plans to launch its very own crypto exchange platforms and stablecoins. According to a new article by local news publication Kommersant, Russia is planning on creating at least two crypto exchanges – one based in Moscow and another in St. Petersburg – as well as stablecoins pegged to the Chinese yuan and BRICS […]

The post Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report appeared first on The Daily Hodl.

Little-known Canadian crypto firm Matador adds Bitcoin to its books

EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets

EU to Send Ukraine 1.4 Billion Euros From Frozen Russian AssetsThe European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs meeting, will see the first transfer of funds […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Queens Woman Indicted for Hiring Hitman With Cryptocurrency on Dark Web

Queens Woman Indicted for Hiring Hitman With Cryptocurrency on Dark WebA Queens woman, Yue Zhou, has been indicted on charges of murder for hire, following an investigation led by Homeland Security Investigations (HSI) New York. Zhou allegedly used a dark web site to solicit a hitman, offering cryptocurrency, cash, and sexual favors. Murder for Hire via Dark Web The Homeland Security Investigations (HSI), a premier […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals

IMF Urges Ukraine to Finalize Crypto Legislation, Government Official RevealsThe International Monetary Fund (IMF) has urged Ukraine to finalize its crypto legislation, the country’s Deputy Minister of Digital Transformation for IT industry development has revealed. “In the face of war, we have to exploit the full range of opportunities and develop new sectors of the economy,” he stressed, adding that “Legalization of the crypto […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books