Ukrainian lawmakers are debating two cryptocurrency tax bills as Kiev seeks to raise funds from cryptocurrency traders. Yuriy Boyko, a member of the National Securities and Stock Market Commission of Ukraine, confirmed that the regulator was one of the drafters of one of the bills. Boyko said that the "experts of the Ministry of Finance and the State Tax Service are studying" the second bill, which was authored by MP Anton Shvachko. Meanwhile, the regulator has not disclosed all the details of its proposal, but said it has worked with EY and the Financial Sector Reform Project of the US Agency for International Development to draft the bill.

The bill is currently in the consultation phase. Boyko noted that the committee's draft law has received "nearly 200 comments," of which 33 opinions have been "considered" in the revised version of the bill. The committee's bill has been "verified and complies with European law."